Tag: bithumb
South Korean Crypto Exchange Bithumb Eyes IPO in Move to Challenge Upbit’s Market Dominance
Bithumb Targets Kosdaq Listing; Chooses Samsung Securities as Its Fund Manager
According to Edaily, a South Korean news outlet, Bithumb could pursue an initial public...
Restrictions on Deposits and Withdrawals with Unreported Virtual Asset Operators under The Specified Financial...
On August 17, 2022, the Financial Intelligence Unit (FIU) notified 16 foreign virtual asset operators who are engaged in undeclared illegal business activities against...
SOUTH KOREA’S AUTHORITIES RAID BITHUMB EXCHANGE
The country’s tax inspectors visited the exchange’s headquarters in Seoul, as part of a push to increase taxation and compliance, the National Tax Service...
Bithumb Mobile Wallet Subsidiary ‘Rotonda’ Raises KRW 5 Bn Foreign Investors
Cryptocurrency exchange Bithumb announced on September 26th that its Web3 Wallet subsidiary 'Rotonda' successfully raised KRW 5 Bn through a consortium of Global strategic...
FIU to Investigate Unregistered Foreign Exchanges in Korea
The Financial Intelligence Unit (FIU) under the Financial Services Commission is monitoring and cracking down on unregistered foreign virtual asset (cryptocurrency) exchanges in Korea.
According...
[AUGUST] Where People are the Product, Buyer Beware
The spectacular beating suffered by the cryptosphere recently has left many investors gun-shy, but at least one industry titan is still making big moves....
FTX Reportedly in Talks to Buy South Korean Exchange Bithumb
Sam Bankman-Fried’s FTX is looking to buy South Korean crypto exchange Bithumb, according to Bloomberg.
Acquisition talks have been ongoing for several months, a person...
Bithumb set to break Upbit’s monopoly
The financial authorities have taken measures for Bithumb to prevent Upbit from solidifying its monopolistic status on the local market, by allowing the nation's...
Wemade CEO joins Bithumb Korea’s board of directors
Wemade CEO Chang Hyun-guk became a member of Bithumb Korea's board of directors earlier this month, hinting at the game company's future business focus...
Assembly puts brakes on crypto exchange shutdowns
Both the ruling and the opposition lawmakers are pressuring financial authorities to prevent the "annihilation" of small-size cryptocurrency exchanges in the domestic market, following...
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South Korean Crypto Traders’ Influence Jumps During Recent Bitcoin Rally
South Korean crypto traders appear to be growing in influence during the recent rally that has seen Bitcoin surge more than 50% to the...
