Bithumb, Upbit to delist Groestlcoin (GRS) on Jan. 16

South Korean exchanges Bithumb and Upbit have announced the delisting of Groestlcoin (GRS), effective at 6:00 a.m. UTC on Jan. 16. The exchanges stated that the Groestlcoin foundation's explanation regarding its investment warning designation was insufficient to resolve the underlying issues. Following a comprehensive review of the project's disclosures, viability, and sustainability, both platforms concluded that GRS no longer meets their criteria for continued listing support.