News
Korean exchanges will soon be required to list tokens based on the same guidelines to ensure compliance with local regulations, and make emergency decisions together to prevent another Terra fiasco.
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BitHumb News
BitHumb is one of the most popular cryptocurrency trading platforms in South Korea. The BitHumb exchange was founded by BTC Korea.com LTD company in 2013 and now is headquartered in Seoul. BitHumb is one of the leaders among the cryptocurrency trading companies in South Korea and Japan in terms of trading volume. Almost all options of BitHumb are oriented on Asian countries. Almost all popular cryptocoins are available, but the only available fiat currency there is the Korean Republic’s won. BitHumb fees for transactions are about $0.15 and don’t depend on the transaction’s amount. The platform has a difficult process of verification and other security properties. Nevertheless, the exchange was hacked in 2017 and it affected three percent of users. However, it was not a problem of security, as the access was made from a BitHumb employee’s PC.
- News
Bithumb users in South Korea have just two days to perform another round of KYC to whitelist their personal wallets, or crypto withdrawals will be blocked.
2536 - News
Rumors abound that LG subsidiary, LG CNS, is the technical partner helping Bithumb develop its NFT marketplace, which is set to be launched at some point in 2022.
2394 - News
Bithumb’s stricter KYC requirements come in line with South Korea’s tightened Anti-Money Laundering regulations regarding foreign users of crypto exchanges.
3535 - News
The increased trading volume comes following the Financial Services Commission's requirement that crypto trading platforms register as digital asset service providers before Sept. 24.
2719 - News
A Thai firm claims that Bithumb’s Hong Kong subsidiaries caused it serious damage by unilaterally halting its business in Thailand.
1430 - News
After introducing staff-related trading restrictions a while ago, Bithumb will soon completely ban its employees from using its platform to trade crypto.
3720 - Altcoin Watch
Klaytn bulls ignored a deadly moving average crossover after assessing KLAY's upcoming listing on Binance.
5953 - News
Both Coinone and Bithumb have reopened their customer centers in the capital city in response to a surge in domestic interest in cryptocurrencies.
2708 - Sponsored
A smart contract platform aimed at the decentralized finance market seeks to make it easy to transfer DApps from clogged, expensive Ethereum to Polkadot.
10770 - Sponsored
A platform that enables gamers to mine cryptocurrencies using their PCs is expanding into South Korea and is adding new features for its hundreds of thousands of users.
28790 - Market Analysis
Is a surging premium in South Korea a top signal or a sign that the Bitcoin rally is only getting started?
48008 - News
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange.
8623 - News
Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea.
14142 - News
South Korean financial regulators are developing a penalty regime for Anti-Money Laundering and Know Your Customer violations by cryptocurrency exchanges.
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