Cardano (ADA) Excluded from Prominent Exchange Huobi Amidst SEC Scrutiny

The United States Securities and Exchange Commission’s (SEC) recent crypto crackdown is taking its toll, causing ripple effects throughout the market. Major crypto exchange Huobi has announced the removal of the Cardano (ADA) trading pair from its platform, marking another setback for the popular digital asset. According to the latest announcement, specific Cardano trading pairs will be removed from the Huobi crypto exchange following SEC scrutiny. This follows the SEC’s classification of ADA as a potentially unregistered security.

The U.S. Securities and Exchange Commission (SEC) has withdrawn its request for a court ruling on whether several prominent cryptocurrencies, including BNB, Solana, Cardano, and others, are securities. However, the underlying concerns remain, impacting exchange decisions. The recent regulatory decision by the SEC has resulted in heightened pressure on cryptocurrency exchanges to either remove the affected tokens or risk facing regulatory action.

Earlier this year, the SEC filed lawsuits against Binance and Coinbase, alleging that tokens such as ADA, SOL, and Polygon (MATIC) are unregistered securities. In its June 2025 lawsuit against Binance, the SEC said Solana ($SOL), Cardano ($ADA), and Polygon ($MATIC) among others should have been tagged as securities. The regulator has stirred quite the conundrum for exchanges worldwide.

IOHK, the organization behind Cardano, reported ongoing development and community support. However, market sentiment remains cautious given the regulatory uncertainty. Cardano (ADA) declined slightly on Friday, concluding the session at $0.255 following a morning of range-bound trading. The exclusion from Huobi, while potentially temporary, adds to the challenges facing Cardano in navigating the current regulatory landscape. Investors are closely watching for further developments regarding the SEC's position on ADA and its impact on other exchanges.