Kuna to Delist USDT, Hryvnia, and Several Other Currencies

Starting March 3, the cryptocurrency exchange Kuna will delist several cryptocurrencies to comply with MiCA regulations and align with virtual asset service provider standards. Clients of the platform have been notified accordingly.

The following currencies will be removed:

• USDT;
• DAI;
• UAH;
• KUN Token;
• ZEC;
• DASH.

Holders of these assets are advised to transfer them to external wallets. On February 19, the exchange will automatically cancel all open orders involving the excluded tokens.

Withdrawals for the listed coins will be disabled on March 3, and the Kuna Code bot will also be deactivated on the same day.

If the delisted tokens are not withdrawn, Kuna will forcibly convert them to USDC at the market rate available on the exchange at 00:00 CET (01:00 Kyiv) on March 4.

“All other funds and tokens remain secure and available for withdrawal in accordance with the Terms of Use,” the platform team added.

Back in late January, Kuna’s founder, Mykhailo Chobanyan, decided to wind down the company’s operations in all countries. He announced that users would be able to withdraw their balances during a two-month transition period.

Earlier, Ukraine’s State Special Communications Service blocked the exchange’s domain based on a decision by Kyiv’s Shevchenkivskyi Court following a request from the Bureau of Economic Security.

Mykhailo Chobanyan discussed the situation in more detail on the “Podcast Society” on ForkLog’s YouTube channel.