TechFlow News — According to Ambcrypto, South Korea's Bithumb exchange has decided to terminate the trademark licensing agreements with Bithumb Global and Bithumb Singapore. After the contract expires on July 30, these platforms will no longer be allowed to use the Bithumb name. The move is reportedly aimed at complying with regulatory requirements and avoiding any future association with money laundering investigations. Additionally, in early July, it was reported that Bithumb will stop accepting registration requests from overseas traders starting August 13.
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