According to CoinDesk, the South Korean encryption trading platform Upbit announced its token listing and delisting procedures last Friday. The online procedures include reviewing the transparency of the underlying projects, supporting transactions and fair participation of investors. Criteria for delisting include violation of laws, discovery of technical bugs, project abandonment and user protection. The exchange issues a notice 10 days before a token is delisted, except in emergencies. Foresight News previously reported that the five major crypto exchanges in South Korea established the Digital Asset Trading Platform Joint Consultative Agency (DAXA) in June to formulate common token review standards.