Crypto exchange OKX will remove from the listing trading pairs with Gemini USD (GUSD) stablecoin, as well as the stablecoin itself. The exchange announced this on its official website. What exactly caused the delisting is not specified. The exchange only stated that they periodically revalue assets based on user feedback and compliance with OKX requirements. The delisting of GUSD is scheduled for February 1, 2023. At the time of writing, Gemini has not commented on the delisting. Meanwhile, Axios has revealed that the New York State Department of Financial Services (NYDFS) has launched an investigation against Gemini for potential misrepresentation.
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Author: NixCoin