Upbit Removes DENT Token Amid Regulatory Concerns

Upbit's delisting of DENT token marks a significant development in the evolving cryptocurrency regulatory landscape. The exchange cited standard evaluation criteria including trading volume, project development, and regulatory compliance factors as reasons for the removal.

The decision reflects broader industry trends toward enhanced regulatory compliance and market integrity measures. Upbit operates under strict guidelines from South Korea's Financial Services Commission (FSC) and Financial Intelligence Unit (FIU), which implemented enhanced cryptocurrency oversight measures throughout 2024.