Cryptocurrency exchange Bithumb is clamping down on suspicious transactions less than a week after South Korea, its home country, moved to enact tough new laws for the virtual asset space. Bithumb announced Tuesday it had deployed Chainalysis’ “Reactor” investigations...
South Korea-based exchange Bithumb is fighting a move by the country’s tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions. Confirmed by the company in December, National Tax Service (NTS) based its demand on the...
South Korea’s National Tax Service (NTS) will withhold tax worth 80.3 billion won, or $70 million, from the country’s largest crypto exchange Bithumb. CoinDesk Korea reported on Sunday that Vidente, the largest shareholder of Bithumb Holdings, which runs Bithumb...
China continues its crackdown on crypto exchanges. Binance and Bithumb raid rumors cause widespread FUD. Will China’s U-turn on crypto impact the market? The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate...
South Korean crypto startup Bithumb is launching an “exchange-as-a-service” platform based on its new blockchain. Announced Wednesday, the exchange said Bithumb Chain will allow users and developers to build decentralized finance (DeFi) applications on the open source blockchain network,...
Bithumb, South Korea’s largest bitcoin exchange alongside UPbit, is trying to convince the government of India to allow cryptocurrency trading. Javier Sim, co-founder and managing director of Bithumb, said that the company is planning to expand into the Indian...
A deal to acquire cryptocurrency exchange Bithumb for over $300 million remains in choppy waters. According to The Korea Herald on Monday, fintech firm BK Global Consortium’s deal to buy a majority stake in the major South Korean exchange has not...
Bithumb will start reviewing its cryptocurrency listings on a monthly basis, becoming the second South Korean exchange this month to update its listing policies. The audits will determine whether the crypto exchange’s listed coins and tokens are eligible for...
Bithumb, one of South Korea’s largest crypto exchanges | Source: REUTERS/Kim Hong-Ji Bithumb, one of Korea’s largest exchanges by reported volume, has decided that Koreans are not adequately represented in the EOS network. Korea Gets a Voice In EOS...
Published: 17/06/2019 14:30 EST. Journalist: By CCN Markets: According to The Korea Herald, Bithumb and four other major crypto exchanges in South Korea have formally changed their terms of service to become liable for potential hacking attacks that may...