Coinbase to Delist Function X (FX) on August 15

Coinbase will delist Function X (FX) on August 15, citing the project team's pause of the underlying smart contract. Trading for FX will be suspended on Coinbase, Coinbase Exchange, and Coinbase Prime. The exchange also announced the listing of Bio Protocol (BIO), BankrCoin (BNKR), and Treehouse (TREE). Coinbase has partnered with JP Morgan Chase to accelerate cryptocurrency adoption and has begun rolling out Samsung Pay to buy crypto or fund accounts.

Coinbase has announced significant changes in its cryptocurrency offerings. The exchange will delist Function X (FX) on August 15, citing the project team's pause of the underlying smart contract. Trading for FX will be suspended on Coinbase, Coinbase Exchange, and Coinbase Prime. Additionally, Coinbase has added Bio Protocol (BIO), BankrCoin (BNKR), and Treehouse (TREE) to its platform. The exchange has also partnered with JP Morgan Chase to accelerate cryptocurrency adoption and has begun rolling out Samsung Pay to buy crypto or fund accounts [4].

The delisting of Function X follows a recent review by Coinbase, which found that the project team had paused the underlying smart contract for the asset. Trading for FX will be suspended at 2 p.m. ET on August 15, with order books migrating to limit-only mode [4]. This move is part of Coinbase's ongoing effort to ensure that all assets on its platform meet listing standards.

Coinbase has also expanded its offerings by adding three new cryptocurrencies to its platform. Bio Protocol (BIO), BankrCoin (BNKR), and Treehouse (TREE) are now available for trading on Coinbase, Coinbase Exchange, and Coinbase Prime. The addition of these assets reflects Coinbase's commitment to providing a diverse range of cryptocurrencies to its users [4].

In a significant partnership, Coinbase has joined forces with JP Morgan Chase to accelerate cryptocurrency adoption. The partnership will offer Chase customers three new ways to participate in crypto with Coinbase. Starting this fall, Chase credit cards will be able to fund Coinbase accounts. Beginning in 2026, Chase Ultimate Rewards Points will be redeemable for crypto rewards, and Chase accounts will be directly linkable to Coinbase. This partnership aims to lower barriers to entry and onboard the next wave of users into crypto [5].

Coinbase has also begun rolling out Samsung Pay as a way to buy crypto or fund accounts. The feature will start in the U.S. and Canada, providing users with another convenient method to access cryptocurrencies. This initiative is part of Coinbase's ongoing effort to make crypto more accessible to a broader audience [4].

In summary, Coinbase's recent announcements reflect its commitment to expanding its offerings, improving accessibility, and maintaining high standards for the cryptocurrencies on its platform. The delisting of Function X and the addition of new assets, along with the partnership with JP Morgan Chase and the rollout of Samsung Pay, demonstrate Coinbase's ongoing efforts to stay at the forefront of the cryptocurrency industry.

References:
[1] https://www.reddit.com/r/CoinBase/comments/1mf96cj/converted_another_asset_to_eth_and_it/
[2] https://www.reuters.com/business/coinbase-shares-sink-after-trading-weakness-hits-quarterly-profit-2025-08-01/
[3] https://beincrypto.com/coinbase-adds-bankrcoin-treehouse-listings/
[4] https://u.today/coinbase-to-delist-popular-cryptocurrency-this-august-details
[5] https://www.coinbase.com/blog/Coinbase-and-JPMorgan-Chase-join-forces-to-make-it-even-easier-to-access-crypto