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Deutsche Boerse Won’t De-List Coinbase Shares After Data Issue Resolved: Report

The exchange reversed course after the crypto exchange provided a missing LEI code.

Updated Sep 14, 2021, 12:45 p.m. Published Apr 22, 2021, 3:04 p.m.

Deutsche Boerse said Thursday it will not de-list Coinbase Global (COIN.O) shares from its Xetra market and the Frankfurt stock exchange, according to a Reuters report.

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The German bank had planned to delist the shares by the end of Friday due to missing reference data, according to a Reuters report Wednesday.
The issue has now been resolved after Coinbase was able to provide the exchange with an LEI code, said the report.
Coinbase confirmed “an administrative error” was made that meant the firm had to resubmit certain documentation. It reassured the public there have been no interruptions to trading its stock.
CoinDesk reached out to Deutsche Boerse for additional comment but did not receive a response by press time.

Coinbase Deutsche Börse CoinFlash

Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.