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Court gives Coinbase the green light to delist Wrapped Bitcoin (WBTC)
- A US federal judge has allowed Coinbase to delist WBTC despite BiT Global’s objections.
- Judge Martínez-Olguín denied BiT Global’s TRO, citing lack of evidence of harm.
- Despite the delisting and Coinbase launching cbBTC, WBTC dominates the wrapped digital assets market with an 85% share.
- The ruling effectively cleared the path for Coinbase to delist WBTC as planned on December 19.
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