Upbit to Delist STORJ, JASMY, and TT Tokens in September

Key Facts

In a move reflecting heightened regulatory scrutiny within the South Korean crypto market, Upbit has announced its decision to terminate trading support for Storj, JasmyCoin, and ThunderCore. According to reports, these tokens will be officially delisted on September 14, 2026, at which point all outstanding buy and sell orders for the affected pairs will be canceled. This decision follows a rigorous review of the projects' compliance regarding disclosures and token circulation.

The removal stems from the projects' failure to resolve persistent concerns regarding operational transparency and disclosures that could materially impact investors. Upbit had previously placed STORJ under an investment warning in July, followed by JASMY and TT, before ultimately deciding on delisting due to unresolved circulation issues. Analyst data indicates that STORJ faces additional headwinds following Storj Labs' Chapter 11 bankruptcy filing in July.

Operationally, services including airdrops and wallet upgrades for these tokens will cease immediately, though withdrawal support will remain available for 30 days until October 14, 2026. Given the current unavailability of real-time price data, traders are focusing on the liquidity impact of losing a major South Korean venue. Markets also await broader domestic economic catalysts, such as the South Korean Unemployment Rate scheduled for release on August 11, 2026, per calendar data.