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by: xpoolPosted on: May 8, 2025

Bithumb Halts Paycoin Withdrawals Over Compliance Concerns

Bithumb, a prominent cryptocurrency exchange in South Korea, has suspended withdrawals of Paycoin exceeding 1 million won, citing unspecified regulatory reasons. This move comes amidst increased scrutiny in the crypto industry, leading to concerns about access to assets during market transitions and potential policy reviews at the exchange itself.

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