Delisting Policy

Last Updated: 06/01/2025

1. Purpose

The Yasuke Delisting Policy outlines the criteria, procedures, and responsibilities for the removal (delisting) of digital assets (cryptocurrencies or tokens) from the platform. This policy ensures transparency, protects users, and maintains market integrity while complying with regulatory and operational requirements. It also aims to align with global best practices in the cryptocurrency industry.

2. Definitions of Key Terms

To ensure clarity, the following key terms are defined for the purpose of this policy:

  • Digital Asset: A cryptocurrency or token listed on the Yasuke platform.
  • Delisting: The process of removing a digital asset from the Yasuke platform.
  • Issuer: The entity or team responsible for the creation and maintenance of a digital asset.

3. Legal and Regulatory Framework

Yasuke adheres to all applicable laws and regulations, including but not limited to Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT), and data protection laws. This policy is designed to ensure compliance with global regulatory standards and to mitigate risks associated with non-compliance.

4. Delisting Criteria

A digital asset may be considered for delisting if one or more of the following criteria are met:

4.1 Regulatory Non-Compliance

  • The asset or its issuer fails to comply with applicable laws and regulations, including those related to AML and CFT.
  • The asset is associated with international sanctions or illegal activities.

4.2 Lack of Liquidity

  • The trading volume of the asset is insufficient to sustain an active and fair market.

4.3 Security Risks

  • The asset presents technical vulnerabilities or security flaws that endanger user funds or Yasuke's infrastructure.

5. Risk Assessment Procedures

Yasuke conducts periodic risk assessments to evaluate the performance and compliance of listed digital assets. These assessments involve consultations with legal, technical, and compliance experts to identify potential risks and ensure the platform's integrity.

6. User Rights and Responsibilities

Users have the right to be informed about delisting decisions and to withdraw their assets within the specified withdrawal period. Users are responsible for monitoring official announcements and ensuring timely withdrawal of delisted assets.

7. Delisting Procedure

The delisting process involves the following steps:

7.1 Identification

Yasuke conducts periodic reviews of listed assets to assess their compliance and performance. Users or third parties may also raise concerns.

7.2 Evaluation

An internal analysis is conducted to confirm whether delisting criteria are met. This includes consultations with legal, technical, and compliance experts.

7.3 Notification

Users and the asset issuer are notified of the delisting decision at least 30 days in advance, except in cases of emergency or severe non-compliance.

8. Post-Delisting Asset Management

After delisting, users have 60 days to withdraw the delisted asset. Beyond this period, Yasuke reserves the right to charge storage fees or transfer assets to a secure address until withdrawn by the user.

9. Communication

All delisting decisions are communicated through Yasuke's website, mobile applications, and official channels (e.g., emails, push notifications). Yasuke provides explanations for delisting decisions in public announcements, unless restricted by legal or security considerations.

10. Policy Review

Yasuke reserves the right to update this Delisting Policy to reflect regulatory developments, business needs, or changes in the cryptocurrency ecosystem. Updates will be communicated to users through official channels.

11. Contact

For questions regarding this policy or to report a high-risk asset, please contact Yasuke's support team:

Email: legal@yasuke.exchange