TechFlow News: On May 21, according to an official announcement, South Korean cryptocurrency exchange Bithumb announced the immediate restriction of all virtual asset deposits and withdrawals associated with the overseas payment platform Heleket, effective from May 21, 2026. The announcement states that Heleket is suspected of involvement in illegal activities such as money laundering and terrorist financing. Bithumb stated that this measure is taken to comply with relevant regulations—including the Act on Reporting and Using Specified Financial Transaction Information and the Virtual Asset User Protection Act—and to safeguard users’ assets. Bithumb also warned that using unverified overseas services may expose users to risks including hacker attacks and disruptions to deposit and withdrawal services.
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