Bakkt Joins Other Exchanges in Delisting Cardano, Solana, and Polygon.
TL;DR
Bakkt, the NYSE-backed crypto marketplace, has delisted Cardano, Solana, and Polygon after the SEC labeled them "crypto asset securities" in lawsuits against Binance and Coinbase. Bakkt will remove support for the tokens until there is additional regulatory clarity. Robinhood and eToro have also halted trading services for the same three assets. Cardano is down nearly 30% since the SEC's lawsuit against Binance was announced, Solana is down more than 28%, and Polygon is down more than 33%.
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- Bakkt Becomes Latest Exchange to Delist ADA, MATIC and SOL BeInCrypto
- Bakkt Is Delisting Solana, Polygon and Cardano Citing Regulatory Uncertainty: Fortune Cryptonews
- Bakkt follows Robinhood, eToro in delisting major altcoins: Report Cointelegraph
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