Bithumb Delists Blocery Tokens Amid Regulatory Review

Bithumb, one of South Korea's largest cryptocurrency exchanges, has announced the impending delisting of Blocery (BLY) tokens. This significant move is set to take effect on March 30, 2025, after a two-week transition period.

The decision follows Bithumb's standard quarterly project review process, which assesses projects based on development activity, trading volume, liquidity, regulatory compliance, and community engagement.

As a result of the delisting, users will no longer be able to trade BLY tokens on Bithumb. However, they will have a separate withdrawal period (typically 30-60 days) to move their tokens to an external wallet or another supporting exchange.