In response to the U.S. Securities and Exchange Commission’s (SEC) recent deeming of Solana (SOL) as a security, Bakkt, the one-stop solution to crypto, has delisted the token from its trading platform. Meanwhile, Tradecurve, a new hybrid exchange will allow users to trade Solana along with a variety of financial instruments not found on Bakkt and other centralized exchanges (CEXs).
Bakkt Announces the Delisting of Solana
Bakkt, the popular New York-based derivatives crypto exchange, has announced that it will delist Solana (SOL) due to the recent regulatory pressure in the United States. The decision from Bakkt comes a week after Solana was listed as a security in the SEC’s lawsuit against crypto exchanges, Binance and Coinbase.
According to the announcement, Bakkt will wait for further regulatory clarity before compliantly expanding the number of digital assets offered on the platform. Bakkt now joins eToro and Robinhood as major crypto exchanges to delist Solana over regulatory
