A Certain Exchange and Other South Korean DAXA Members to Delist ALEX Token

According to an official announcement reported by Jinse Finance, a certain South Korean crypto exchange has announced that members of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for ALEX. The exchange is expected to end trading support for ALEX on August 11, and withdrawal support will be terminated on September 11. The exchange stated that although the project team submitted relevant explanatory materials, they failed to address the reasons for the trading risk warning. After a comprehensive assessment of the project's substance, sustainability, and security-related factors, it was determined that the token does not meet the standards for continued trading support.