Upbit, Bithumb place TT and JASMY on delisting watchlist

South Korean exchanges Upbit and Bithumb announced they will place ThunderCore (TT) and JasmyCoin (JASMY) on a delisting watchlist. The exchanges said ThunderCore was designated after a comprehensive review found multiple shortcomings in the actual progress of its crypto-related business and in the token’s adoption status. For JasmyCoin, the exchanges said disclosures by the issuer or operator on key matters that could materially affect the token’s value were insufficient, and a broader review of the actual progress of its crypto-related business also found multiple shortcomings.