U.S. judge rules that Coinbase can delist WBTC

ChainCatcher news, according to Decrypt, U.S. Federal Judge Araceli Martínez-Olguín ruled to deny the request for a temporary restraining order filed by Hong Kong company BiT Global, allowing Coinbase to proceed with its plan to delist Wrapped Bitcoin (WBTC) from its platform.

The judge found that BiT Global failed to demonstrate that Coinbase's actions would cause it "irreparable harm that is imminent."