Bithumb sets 2028 IPO timetable as it overhauls internal controls

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Bithumb sets a 2028 IPO timetable as it overhauls internal controls following a February crediting error. The South Korean exchange plans to seek preliminary listing review in 2027. This move aims to improve investor confidence and restore trust after the error, which may lead to increased regulatory scrutiny and a more stable market for cryptocurrency exchanges in South Korea.