Why SLF Faces Extended Scrutiny
South Korean cryptocurrency exchange Bithumb has extended the monitored status of Self Chain (SLF), a move that highlights the exchange’s commitment to thorough due diligence for tokens listed on its platform. The extension implies that Bithumb is conducting a comprehensive review of the project, focusing on aspects such as development progress, regulatory compliance, and transparency. This is not an immediate delisting but rather a signal that certain concerns need to be addressed before a final decision is made. The move has sparked discussions among investors and the broader crypto community, who are now closely watching how the situation unfolds.
The “closely monitored” label is typically applied to assets that exhibit…