The US-based cryptocurrency exchange EDXM (EDX Markets) has officially confirmed the delisting of Bitcoin Cash (BCH).
Official Confirmation by EDXM
Jeanine Hightower-Sellitto, the Chief Strategy Officer (CSO) of EDXM, told Digital Asset on November 2nd.
Hightower-Sellitto stated,
"EDXM is not currently supporting BCH."
This confirmation came after reports emerged on November 1st that BCH had disappeared from the trading support list on the EDXM website.
Hightower-Sellitto also advised,
"You can find our current product listings on the 'Trading Resources' page, and if you want to hear news from EDXM, including potential listings, subscribe to our newsletter."
EDXM did not provide specific reasons for the delisting of BCH.
Regulatory Background
Earlier, Jamil Nazarali, the CEO of EDXM, mentioned in an August CNBC interview that EDXM had listed only Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) due to regulations imposed by the US Securities and Exchange Commission (SEC) to ensure these coins were not classified as securities.