Bithumb to delist Bonfida (FIDA) on Feb. 23

South Korean crypto exchange Bithumb has announced it will delist Bonfida (FIDA) at 6:00 a.m. UTC on Feb. 23. The exchange said the decision followed the Bonfida Foundation’s failure to submit explanatory materials addressing unresolved issues that had previously placed the token on its delisting watchlist. Bithumb added that after a comprehensive review of the foundation’s disclosures, business viability, and sustainability, it determined that the token no longer meets the criteria for continued trading support.