TechFlow News, June 25: According to The Block, South Korea’s Personal Information Protection Commission fined cryptocurrency exchange Bithumb 210 million Korean won (approximately $136,000) for transferring users’ personal information to overseas platforms without obtaining adequate user consent.
The regulator stated that between September and November 2025, when Bithumb shared USDT market order book data, the actual data recipients differed from the platforms users had consented to. Additionally, during fund transfers with 13 overseas exchanges, Bithumb failed to fully obtain user authorization for collecting sensitive information—including names, wallet addresses, and dates of birth. In addition to the fine, the regulator has ordered Bithumb to rectify its cross-border personal information transfer processes.
