Coinbase suspends trading for Ampleforth Governance Token on November 23
Summary
Coinbase has announced that it will suspend trading for the Ampleforth Governance Token (FORTH) on November 23, 2026, around 2 PM ET, although users will still have access to their funds and can withdraw the asset without disruption. This decision follows Coinbase's regular review process to ensure that listed cryptocurrencies meet the platform's standards.
Tokens
$FORTH
Analysis
Coinbase: Coinbase operates as a major cryptocurrency exchange facilitating the buying, selling, and custody of digital assets. The platform conducts ongoing reviews of its listed tokens to align with internal standards. In this development, Coinbase is applying those standards to remove trading support for a specific governance token. CoinbaseAssets: CoinbaseAssets serves as the official communication channel for Coinbase's asset listing and review activities on social media. It provides updates on policy changes, new listings, and trading suspensions directly to users and the market. The account issued the detailed notice regarding the upcoming FORTH trading suspension. Ampleforth Governance Token: Ampleforth Governance Token functions as the governance token for the Ampleforth protocol, enabling community participation in decisions related to its elastic supply cryptocurrency model. The token has been available for trading on multiple platforms. The current announcement indicates Coinbase will end trading support for it in November 2026. User Access: Trading halts on exchanges commonly preserve the ability for users to hold and withdraw affected assets without disruption. Asset Standards: Cryptocurrency exchanges maintain formal processes to regularly evaluate whether listed assets continue to meet platform requirements.
Categories
cryptobase