SBI VC Trade Announces Discontinuation of Handling Monacoin and Enjin Coin

SBI VC Trade Co., Ltd., a cryptocurrency exchange, has announced that it will discontinue handling Enjin Coin (ENJ), Monacoin (MONA), and FCR Coin (FCR) as of June 25, 2025 (Wednesday). The discontinuation will apply to all services including 'spot trading', 'crypto accumulation plans', and their use as collateral in 'leveraged trading'.

The reason for the discontinuation, according to SBI VC Trade, is due to 'market liquidity issues that make stable service provision difficult.' Currently, withdrawals of these assets are not possible, but will be allowed from after the maintenance on June 25 until July 23 (Wednesday).