Upbit delists Loopring (LRC) at 15:00 KST on Mar 16 under South Korea FSC rules; users face trading and withdrawal deadlines and possible liquidity migration.Upbit delists Loopring (LRC) at 15:00 KST on Mar 16 under South Korea FSC rules; users face trading and withdrawal deadlines and possible liquidity migration.

Loopring (LRC) to be delisted by Upbit at 15:00 KST Mar 16

2026/02/13 13:57
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Upbit delists Loopring (LRC) at 15:00 KST March 16

South Korea’s largest crypto exchange announced it will delist Loopring (LRC) at 15:00 KST on March 16. The notice specifies a precise cutoff that typically marks removal of the affected spot markets at the stated time.

Details on deposit and withdrawal windows were not included in the information reviewed. In the absence of published timelines beyond the cutoff, users generally wait for the exchange’s final operational update to understand any grace periods.

Related articles

Bitcoin draws 5-min Polymarket Up/Down bets after launch

Bitcoin holds around $49k as ETF outflows strain miners

Immediate impact on LRC holders, trading, and liquidity

For account holders, access to LRC spot pairs on the platform is expected to end at the deadline. Around delisting events, liquidity can fragment across venues, order books can thin, and spreads may widen as market participants rebalance positions.

In January 2026, domestic venues placed LRC on a delisting watchlist under South Korea’s stricter disclosure and milestone-monitoring standards. “Insufficient disclosure of material information” and “shortcomings in business progress and milestone delivery” were cited, as reported by SignalPlus.

These exchange-level assessments take place within the framework of the Specific Financial Information Act and broader market oversight, according to the Financial Services Commission (South Korea). In practice, that framework encourages periodic reviews of listing eligibility when disclosure, governance, or risk signals arise.

From a market-structure perspective, a confirmed removal at a specified hour can compress available liquidity into narrower time windows. Price behavior may become more volatile into the cutoff as resting orders are canceled and remaining liquidity concentrates, although the magnitude depends on alternative venue depth and market-maker participation.

User checklist: next steps for Upbit LRC holders

  • Final trading cutoff: 15:00 KST on March 16, per the delisting notice, including which LRC spot markets are affected.
  • Deposit/withdrawal status: any stated timelines, minimums, and confirmations for LRC movements on supported networks.
  • Destination readiness: wallet or custodial destination compatibility with LRC, including correct chain, address formats, and any required memos/tags.
  • Fees and thresholds: posted network fees, minimum withdrawal amounts, and potential delays from blockchain congestion.
  • Order management: open limit/stop orders that may need review before the trading halt to avoid unintended fills or cancellations.
  • Record-keeping: transaction histories, on-chain hashes, and statements for personal accounting and tax documentation.
  • Security hygiene: heightened caution against phishing and impersonation during delisting windows; verify domains and announcements through official channels.
  • Ongoing monitoring: subsequent statements from the project team and relevant Korean market oversight for any compliance updates or process changes.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial, investment, legal, or trading advice. Cryptocurrency markets are highly volatile and involve risk. Readers should conduct their own research and consult with a qualified professional before making any investment decisions. The publisher is not responsible for any losses incurred as a result of reliance on the information contained herein.
Market Opportunity
Loopring Logo
Loopring Price(LRC)
$0.03077
$0.03077$0.03077
-0.19%
USD
Loopring (LRC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Stablecoins firm as Mastercard enables stablecoin settlement

Stablecoins firm as Mastercard enables stablecoin settlement

The post Stablecoins firm as Mastercard enables stablecoin settlement appeared on BitcoinEthereumNews.com. What Mastercard’s Crypto Partner Program is and how it
Share
BitcoinEthereumNews2026/03/12 10:44
South Africa launches HIV vaccine trial

South Africa launches HIV vaccine trial

South Africa HIV vaccine trial efforts are advancing after researchers launched the first locally developed HIV vaccine study on the continent.   South Africa expands
Share
Furtherafrica2026/03/12 09:30
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21