Bithumb Suspends Crypto Withdrawals for VerifyVASP Maintenance

Crypto
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author: CryptoNews

date: November 24, 2025

1 min. read

Bithumb, a leading cryptocurrency exchange, has announced a temporary suspension of digital asset withdrawals on November 25th. The suspension will be in effect from 13:00 to 15:00 (KST). Why are Bithumb Withdrawals Suspended? This temporary halt is due to scheduled server maintenance for VerifyVASP. VerifyVASP is a solution designed to comply with the Travel Rule, ensuring secure and compliant cryptocurrency transactions. This maintenance is crucial for maintaining the platform's regulatory compliance and security standards. What Does This Mean for Bithumb Users? During the maintenance window, users will be unable to withdraw any digital assets from their Bithumb accounts. However, trading and deposit services will remain unaffected. Bithumb advises users to plan their transactions accordingly to avoid any inconvenience. The exchange has stated that withdrawals will resume promptly after the maintenance is completed. ```