Coinbase Adjusts Portfolio by Removing Bitcoin-Inspired Memecoins in New York
by aria-crypto.com
March 13, 2025 at 08:39
Coinbase Adjusts Portfolio by Removing Bitcoin-Inspired Memecoins in New York
Coinbase has announced the suspension of trading for three memecoins—FLOKI, TURBO, and GIGA—in New York starting at 14:00 UTC on April 14, 2025. This decision comes after a review to align with the exchange's listing standards, indicating potential compliance and regulatory motivations behind the move. The affected assets, all listed recently between November and December 2024, have their unique cultural ties: FLOKI, inspired by Elon Musk's dog; TURBO, represented by a progressive frog; and GIGA, linked to the 'Gigachad' internet meme. While the suspension is specific to New York, Coinbase has not disclosed if similar measures will be implemented in other regions. It remains unclear whether this suspension marks a temporary measure or a prelude to complete delisting.
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