ParkByte has announced that its native token PKB will be delisted on Bittrex exchange effective on April 6. ParkByte Ltd. regretted the decision stating that it is powerless to control third-party companies actions. Bittrex actually contacted ParkByte a month earlier with a request to pass the regulation compliance and complete a full review. Naturally, the process required a lot of legal documents and detailed analysis on PKD to be submitted to the exchange in accordance with the recent SEC rulings. ParkByte failed to make it in a 7-day period, as was assigned by Bittrex.
The delisting ultimately is due to Bittrex strictly adhering to US regulations, and many other coins are expected the same fate. Nevertheless, ParkByte is still an active project led by a one-person dev team. ParkByte has grown into a big project and no money were taken from the project by the developer, thus it will take time to pay the bills.
At the time of the publication, the market indicators of ParkByte are as follows:
Average price: $0.101102
Market cap: $481,653
Volume (24H): $11,376