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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, a virtual asset exchange, provides a virtual asset deposit service. Users who are not familiar with virtual asset trading can stably make profits with this service.

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...

South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules

Korean Financial Intelligence Unit Notifies Foreign Crypto Exchanges of Registration Obligations Access to foreign-based cryptocurrency exchanges can be denied and the platforms may face criminal...

South Korean crypto exchanges tighten personal trading rules for employees

Bithumb announced that starting this month, it had banned its employees from trading cryptocurrencies using Bithumb accounts. The exchange has made employees sign a...

Gaming Giant WeMade Wants to Buy Bithumb

Another South Korean gaming giant has been linked with a possible deal to take over Bithumb, one of the country’s biggest crypto exchanges. Per a...

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Binance Custody to safekeep Wemade’s WEMIX cryptocurrency

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