Bithumb temporarily suspends resident registration card verification service due to government inspection.
Regulation & Gov ·
Bithumb announced a temporary suspension of its resident registration card authenticity verification service in response to a government inspection, according to the exchange's notice. The South Korean cryptocurrency exchange did not specify a timeline for restoring the service or disclose details of the inspection itself.
The suspension affects a core identity-verification function used during account registration and compliance procedures. Resident registration cards are a standard form of government-issued identification in South Korea, and their verification is typically required by exchanges operating under local financial regulations.
The extent of disruption to Bithumb's operations—whether new account registrations are blocked entirely or can proceed through alternative verification methods—remains unclear from the available information. The duration of the suspension and whether it reflects broader regulatory scrutiny of South Korean cryptocurrency platforms have not been disclosed.