---
title: "Upbit and Bithumb designate WAVES as a trading caution token — DecisionGateway"
description: "Two South Korean exchanges, Upbit and Bithumb, each designated the token WAVES as a cautionary trading item. One member text reports the combined action, while "
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  "og:description": "Two South Korean exchanges, Upbit and Bithumb, each designated the token WAVES as a cautionary trading item. One member text reports the combined action, while "
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  "og:title": "Upbit and Bithumb designate WAVES as a trading caution token — DecisionGateway"
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**Situation **/Regulatory pressure/no dates

**Active**

# **Upbit and Bithumb designate WAVES as a trading caution token**

Two South Korean exchanges, Upbit and Bithumb, each designated the token WAVES as a cautionary trading item. One member text reports the combined action, while the other two report the individual exchange designations. The cluster reflects parallel exchange-level caution flags on the same asset rather than a single coordinated event.

3 members/3 actors/recorded 14 Nov 2026

## **Members**

3

Decisions and events currently attached by part\_of. A later discovery pass can detach a member, and it stops being counted.

[**Decision**/Unclassified**Adopted****Bithumb designates WAVES as a cautionary trading item**](https://dgw.tmarket.io/decisions/01a1d67f-182e-7fd9-bbb8-c8ec7c67a9a3) [**Decision**/Unclassified**Adopted****Upbit and Bithumb designate WAVES as a trading caution token**](https://dgw.tmarket.io/decisions/01a1d582-5b8d-79d3-9186-efb9197d19eb) [**Decision**/Unclassified**Adopted****Upbit designates WAVES as a cautionary trading item**](https://dgw.tmarket.io/decisions/01a1d67f-180c-7cb5-8f77-578b7bd8f2b4)

## **Actors**

3

[빗썸participant](https://dgw.tmarket.io/actors/01a1d67f-1801-778d-9a50-7aaa81afe604) [Bithumbparticipant](https://dgw.tmarket.io/actors/01a1d582-5b88-746b-8fec-720b884d7b72) [Upbitparticipant](https://dgw.tmarket.io/actors/01a1d582-5b81-748f-8dca-f6ef6d344bad)

[**빗썸 dossier **](https://dgw.tmarket.io/actors/01a1d67f-1801-778d-9a50-7aaa81afe604)

## **Source**

No source quote is linked to this record. It exists in the graph without a retained passage from the post it came from.

[All situations](https://dgw.tmarket.io/situations) [API record](https://dgw-api.tmarket.io/v1/situations/01a1d7e5-bb89-7788-8bad-dc3734469cf2)

```json
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```

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