Bithumb restricts deposits and trading on three foreign virtual asset exchanges (Opal, Sadaf, Amin) due to regulatory compliance.
Regulation & Gov ·
Bithumb has restricted deposits and withdrawals for three foreign virtual asset exchanges: Opal Exchange, Sadaf Exchange, and Amin Exchange. The South Korean exchange implemented the measure in accordance with regulatory compliance requirements. The notice was published on Bithumb's official feed.
The restriction prevents users from moving assets to or from the three named platforms through Bithumb. This type of action typically reflects compliance with local regulatory frameworks governing which foreign exchanges a domestic platform may facilitate transactions with.
The stated reason is regulatory compliance, though the notice does not detail which specific regulations prompted the decision or whether the three exchanges face investigation, sanctions, or other regulatory scrutiny. It remains unclear whether the restriction is permanent or conditional on changes to the exchanges' regulatory status.