Upbit, Bithumb, and other Korean DAXA members will remove PUNDIAI tokens

According to official announcements, South Korean cryptocurrency exchanges Upbit and Bithumb have announced that members of the Digital Asset Exchange Association of Korea (DAXA) plan to terminate trading support for Pundi AI (PUNDIAI). The reason is that "only the explanatory materials provided by the foundation regarding the reasons for being designated as a trading warning project cannot dispel relevant doubts. After a comprehensive review of the legality, sustainability, and security of the project, it has been determined that the project does not meet the standards for maintaining trading support, and therefore it has been decided to terminate trading support. Both Upbit and Bithumb will terminate their trading support for PUNDIAI on August 28th.