Bithumb Wins Temporary Lifeline as Court Halts Six-Month Ban

A South Korean court has temporarily halted the six-month partial business suspension imposed on crypto exchange Bithumb, offering relief to the platform as it challenges regulatory action. The Seoul Administrative Court’s Second Administrative Division, led by Judge Gong Hyeon-jin, approved Bithumb’s request for a stay of execution on the same day it was filed, and has effectively paused the sanction unt…