Bithumb will suspend its Tether Market service on November 28 at 11am KST, citing regulatory pressure and system maintenance. The service, which was in Beta, enabled trading of Bitcoin and nine altcoins using USDT through an order book sharing agreement with Stellar. Financial regulators, including the Financial Intelligence Unit (FIU), have expressed concerns about potential money laundering and data privacy risks associated with the service. The suspension comes as the FIU recently conducted on-site inspections at Bithumb and other major exchanges to evaluate compliance with anti-money laundering regulations. Bithumb plans to reorganize the service to ensure a more stable trading environment, though no date for reopening has been announced.