Bithumb designates WOM and KWENTA as closely monitored assets

South Korean crypto exchange Bithumb has announced on its official website that WOM Protocol (WOM) and Kwenta (KWENTA) have been designated as closely monitored assets. Deposits for these tokens will be suspended starting at 06:00 UTC on July 3. According to Bithumb, the decision was based on concerns over the projects’ business viability and the failure of their issuers or operators to disclose key information that could affect asset value.