Bithumb faces suspension over $40B phantom Bitcoin
Bithumb, a South Korean crypto exchange, faces potential 6-month suspension for AML/KYC violations after mistakenly issuing $40B in 'ghost' Bitcoin during a promotional event.
Financial authorities' response to Bithumb incident
Financial authorities are strengthening oversight of crypto exchanges after the Bithumb incident. They are focusing on internal controls, risk management, and preventive measures.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.