Tag: bithumb
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...
Korea’s crypto investors appear to be shifting toward minor virtual coins
An ample amount of investors appears to be shifting toward other minor coins, market watchers here said on Tuesday, citing a sudden decline of...
Frequent listing and delisting of cryptocurrencies raise concerns and risks
The number of listed cryptocurrencies has soared in the past four years, as the rapid rise of the price of Bitcoin attracts investor attention...
Nexon founder goes after Korea’s largest cryptocurrency exchange Bithumb
NXC, the holding company of Nexon, signed an MOU with Bithumb earlier this month and agreed to acquire the 65 percent stake held by...
Bithumb’s valuation soars amid bitcoin craze
Bithumb Holdings, which owns the largest stake in the nation's top cryptocurrency exchange's operator, has been looking for a potential buyer since August last...
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Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
