Bithumb Extends Monitoring for Self Chain, Sparking Uncertainty in Market

South Korean crypto exchange Bithumb has taken a significant step by extending the ‘closely monitored’ status of its native token, Self Chain (SLF). This action raises questions and creates uncertainty within the cryptocurrency community. Bithumb’s decision comes after the initial designation of SLF for close monitoring, signaling an in-depth review to assess potential risks associated with the project. Details about the ‘closely monitored’ status are crucial as it signifies Bithumb is scrutinizing the Self Chain project and its implications for trading on their platform.