Coinbase has announced plans to delist Wrapped Bitcoin (WBTC) from its platform by December 19, citing the token’s failure to meet the exchange’s listing standards. Wrapped Bitcoin, a token that represents BTC on other blockchains, will no longer be traded on the platform. Despite this move, Coinbase assured users that their WBTC holdings will remain safe and accessible. Users will still be able to withdraw their WBTC funds anytime, even after the delisting. This decision marks another significant step in Coinbase’s ongoing efforts to maintain quality standards for the assets it supports.
