Coinone Delists MilkyWay Token Amid Regulatory Scrutiny

Coinone, one of South Korea's largest cryptocurrency exchanges, has announced the delisting of MilkyWay (MILK) token. The decision, which takes effect on March 27, 2025, follows increased regulatory scrutiny and evolving market standards in the country's digital asset sector.

According to industry observers, South Korean exchanges typically follow strict evaluation frameworks when assessing listed assets. These frameworks consider trading volume, project development activity, and regulatory compliance. Exchanges regularly review listed assets against updated criteria, resulting in tokens failing to meet revised standards facing removal from trading platforms.