South Korea’s leading exchanges Upbit and Bithumb announced they will remove Loopring ($LRC) from trading on March 16, 2026, at 1500 KST. The decision comes after ongoing concerns over disclosure transparency, project operations, and development progress. Withdrawals will remain available until April 16, but deposits and services such as airdrops will no longer be supported. The announcement caused $LRC to drop about 10%, reflecting growing regulatory oversight and stronger protections for crypto users in South Korea.
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