Bithumb to expand the scope of encryption after organizational pressure star-news.press/wp

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Tim Alper

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Tim Alper

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Tim Alper is a British journalist and a work feature writer in Cryptonews.com since 2018. He has written for media outlets such as BBC, Guardian, and Chosun Ilbo. He also worked …

Last update:

August 11, 2025



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Bithumb Crypto Exchange has flowed “large discounts” over the scale of encrypted lending services amid continuous fears of financial organizers.

For every South Korea newspaper Kookmin ILBOThe trading platform reduced the leverage ratio from X4 to X2.

It also reduced the maximum extreme lending by 80 % from 1 billion WNA (718,298 dollars) to only 200 million WON ($ 1,436).

This step represents a great climb for Bithumb, who only launched services in July.

Bithumb Crypto Linding Rathink

Bethomeb was also forced to temporarily suspend the encryption lending on July 29, claiming that this is due to the “insufficient lending volume”.

It resumed the service on August 8. But Kookmin Ilbo quoted a Bithumb spokesman as saying:

“After a comprehensive review of the entire service, we made some adjustments to protect investors and improve the quality of our services.”

The stock market added that the new conditions will also be applied to “qualified investors” (those who have a cumulative commercial volume of more than 100 billion winners over the past three years).

Bethome did not mention organizational pressure. But the media agreed that “the movement seems to reflect criticism from the financial authorities, which claim to be excessive influence in the absence of a clear legal framework.”

A graphic drawing shows the trading volumes on the exchange of Bithumb's encryption during the past 14 days.
Trading folders on the Crypto Bithumb exchange over the past 14 days. (Source: Coingecko)

Appointment of the organizers to issue guidelines

Bithumb followed a meeting in a hurry at the end of last month for all five encryption exchanges in FIAT at the request of the Financial Services Committee (FSC) and the financial supervision service (FSS).

The organizers have expressed concerns about the risks associated with lifting. They also expressed their concerns about the lack of comprehensive investor protection protocols.

And they complained that some services “provide an excessive crane to users.” FSC and FSS agreed that some of the basic system users lack an understanding of encryption lending.

According to what was reported, Bethome has responded by rethinking the limits of operation during the period of stopping the service.

The competing platforms seem to return to their own offers. UPbit has announced that it will exclude Tether (USDT) from new encoding services.

Kookmin Ilbo added that the unveiled sources of industry expect that FSC and FSS will release a set of comprehensive guidelines for encryption lending “early at the end of the month.”

The sources have suggested that the organizational framework is likely to reflect many protocols used in the police investment in the South Korean stock market.

BitHumb said initially that it will provide lending services on 10 encryptions including Bitcoin (BTC).


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2025-08-11 23:30:00

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