GMX Crypto: Bithumb’s Pivotal Move Lifts Investment Warning, Igniting Confidence

Key Points

1. Bithumb's decision to remove the investment warning on GMX crypto is effective from July 30, allowing deposits to resume.

2. The warning had previously limited certain activities like deposits, affecting GMX's accessibility and perceived stability.

3. The resolution aligns with standards set by DAXA, a self-regulatory body of South Korea's five major crypto exchanges.

4. Lifting the warning may lead to increased trading activity, liquidity, and investor confidence in GMX.

5. The move reflects evolving dynamics between crypto projects, exchanges, and regulatory bodies in South Korea.