Synthetix (SNX) has been designated as a trading warning commodity by the Korean Digital Asset Exchange Association (DAXA)

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On April 24, according to official sources, because the stablecoin sUSD supported by SNX has experienced de-pegging, Synthetix (SNX) has been designated as a trading warning commodity by the Korean Digital Asset Exchange Association (DAXA). Currently, trading platforms such as Upbit and Bithumb have announced the suspension of SNX deposits, with the observation period to continue until the end of May.

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