Tag: Bithumb
Kiwoom Securities Eyes Bithumb Stake as Crypto Alliances Heat Up
Kiwoom discusses a Bithumb stake as finance and crypto partnerships accelerate. Bithumb’s IPO plans gain attention as stake talks continue with Kiwoom Securities. New crypto…
South Korea Fines Bithumb for Sharing User Data Without Consent
South Korea fined Bithumb $136,000 for unauthorized overseas user data transfers. Regulators found user information was shared abroad without proper consent procedures. New blockchain privacy…
SPX6900 Price Soars Nearly 10% on Upbit and Bithumb Debut
SPX6900 gained nearly 10% after simultaneous Upbit and Bithumb listings. Korean retail demand boosted liquidity and drove strong SPX trading activity. Dual exchange support expanded…
South Korea Confirms 22% Crypto Tax Starting January 2027
South Korea confirmed that crypto taxes will take effect in January 2027. Taxation applies to profits over 2.5 million KRW annually. The tax rate is…
South Korea’s Forex Law Shakeup Could Reshape Crypto Trading
South Korea passed a bill bringing crypto providers under the Foreign Exchange Transactions Act. Crypto service providers must now register with the Finance Minister for…
Bithumb Hit With 25M Fine in South Korea over AML Compliance Breaches
South Korea fines Bithumb $25M after 6.65M AML and KYC violations Regulators impose six month partial suspension on Bithumb operations Over 3.5M identity verification failures…
Bithumb to Switch Bank Partner from NongHyup to Kookmin in March
Bithumb switches banking partner from NongHyup to Kookmin Bank in March to enhance user experience and expand market share. Bithumb, the second-largest cryptocurrency exchange in…
Bithumb Meta Rebrands as Bithumb Partners for Investments
Bithumb redesigned its subsidiary to concentrate on investing. The company is planning an initial public offering in 2025. Bithumb, a South Korean cryptocurrency exchange, has…
Two South Koreans Arrested for ACE Token Manipulation on Bithumb
Two South Koreans arrested for manipulating ACE token price on Bithumb, earning $5 million through fraudulent trading activities. Two South Korean men were arrested for…
