Upbit, Bithumb and Coinone, the three exchanges that anchor South Korea's Bitcoin (BTC) price trading in the won market, placed the BLUR token on their delisting watch lists on Tuesday, Oct. 13, 2026.

The notices went live on all three platforms the same morning, with each exchange designating BLUR for a review of its continued trading support under their respective listing-maintenance policies. Because these venues anchor the won market, the designation puts BLUR under review status across South Korea's major trading platforms at the same time rather than at a single venue, meaning holders on any of the exchanges face the same notice-stage process in parallel.

About BLUR

BLUR is the Ethereum-based (ERC-20) governance token of Blur, a non-fungible token (NFT) marketplace that launched in late 2022 and rose to prominence in early 2023 as one of the most active Ethereum NFT trading venues by volume. The token was distributed to early users through an airdrop in February 2023.

South Korea's Delisting Framework

Delisting reviews at South Korea's won-based exchanges are conducted under the Virtual Asset User Protection Act, which took effect in July 2024. The law requires trading platforms to periodically assess listed assets against continuing-listing standards covering areas such as project reliability, liquidity, disclosure quality and user protection. Tokens that fall short of the standards can be assigned designations such as investment warnings or investment cautions and may face termination of trading support if concerns are not resolved.

Under the standard procedures of Upbit, Bithumb and Coinone, assets placed on delisting watch are subject to advance notice periods, and the exchanges typically specify whether trading and deposits will be suspended as well as deadlines for users to withdraw affected holdings. Withdrawal support generally continues for a defined period after trading support ends.

A watch designation is a notice-stage measure rather than an immediate halt: trading support remains in place until each exchange announces its schedule. For BLUR holders on the three platforms, the practical markers to follow are the subsequent notices setting suspension dates and withdrawal deadlines, together with each review's outcome — which, under the framework, can end with trading support maintained or with termination if concerns are not resolved.

Upbit, operated by Dunamu, is South Korea's largest cryptocurrency exchange by trading volume, while Bithumb and Coinone are among the country's longest-standing won-based trading venues.

This article is based on reporting first published by COINOTAG: https://en.coinotag.com/upbit-bithumb-coinone-blur-delisting-watch