South Korea’s DAXA Keeps Synthetix (SNX) on “Caution” List via Upbit, Bithumb Until Late June
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Synthetix (SNX) “cautionary asset” status extended by Upbit & Bithumb in Korea until June 24. SNX price at $0.774, shows indecision with Bollinger Bands squeezing & neutral RSI at 48.95. OKX to delist 11 trading pairs (incl. PRQ, SAMO) on June 4, adding to market unease. Synthetix (SNX) is facing ongoing challenges in South Korea, as major exchanges Upbit and Bithumb have extended its “cautionary asset” designation through June 24, 2025. This classification, mandated by the Digital Asset Exchange Alliance (DAXA), keeps SNX under intense scrutiny due to concerns about potential regulatory or operational issues. Consequently, SNX deposits on these platforms remain halted, and traders are advised to be extremely cautious. 신세틱스(SNX) 거래 유의 종목 지정 기간 연장 신세틱스(SNX/BTC)의 거래 유의 종목 지정 기간이 DAXA에 의해 2025-06-24(화) 15:00 (KST) 까지 연장되었습니다. Investment warning period for Synthetix(SNX/BTC) has been extended until 2025-06-24 15:00 (KST) by DAXA. Discover… — Upbit Korea (@Official_Upbit) May 28, 2025 SNX Price at Critical Point: $0.774, Indecisive RSI, Bollinger Bands Squee… The post South Korea’s DAXA Keeps Synthetix (SNX) on “Caution” List via Upbit, Bithumb Until Late June appeared first on Coin Edition .
Source: Coin Edition
