South Korea DAXA: The decision to delist tokens lies with the exchange, not the association

According to TechFlow, on May 15, South Korean media news.naver.com reported that the Korea Digital Asset Exchange Association (DAXA) issued a statement clarifying that the decision to delist tokens by member exchanges is not determined by DAXA. This statement is considered a response to the recent controversy surrounding the second delisting of the $WEMIX token from four major exchanges: Bithumb, Coinone, Korbit, and GOPAX.

DAXA emphasized that the association has only established two joint response measures among member exchanges: first, supporting communication between trading member companies and token issuers to prevent information asymmetry; second, simultaneous public disclosure of judgment results by all members to avoid market confusion. DAXA stated that the final decision-making authority on trading support lies with each exchange, which has been confirmed by multiple court rulings.