Coinbase Will Delist WBTC

2024-11-20 01:17

BlockBeats News, November 20th, according to market sources, Coinbase will delist WBTC.


BlockBeats previously reported that on October 10th, WBTC had completed its transition to a geographically distributed custody structure. Under a collaboration agreement between BitGo and BiT Global, control of the underlying Bitcoin will now be shared by Singapore, Hong Kong SAR, and the United States. The new custody structure uses a multi-signature protocol, requiring two signatures to approve any transaction and transfer funds from the wallet.

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