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by: xpoolPosted on: May 19, 2025

STMX Designated as Closely Monitored Asset on Upbit & Bithumb, Impact for Traders

South Korea’s crypto exchanges Upbit and Bithumb have designated the StormX (STMX) token as a closely monitored asset, leading to deposit suspensions. This action highlights increasing regulatory scrutiny in South Korea’s crypto market. Here’s what you need to know about the implications for traders and investors.

Related posts:

  1. KuCoin Eyes Return to South Korea Market After Regulatory Challenges
  2. South Korean Regulatory Delay: Will Repeal of ‘One Bank-One Crypto Exchange’ Rule Impact Market?
  3. South Korea’s Presidential Candidate Promises to Legalize Spot Crypto ETFs
  4. South Korea Centralizes Crypto Policy under Presidential Oversight
Cryptocurrency Regulation South Korea

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