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South Korean brokerage Kiwoom Securities has entered negotiations to acquire a stake in cryptocurrency exchange Bithumb through a planned purchase of newly issued shares, local media reported on Monday. According to a ChosunBiz report, Kiwoom and Bithumb are discussing a…
News
South Korea fined Bithumb 210m won for sending user data overseas without consent and ordered fixes as blockchain privacy rules expand now.
News
Bithumb to list Canton (CC) in its KRW market as weak indicators meet fresh protocol updates and wider institutional backing in South Korea.
CC
Canton
News
SPX6900 rose as Upbit and Bithumb announced Korean market listings, while Bithumb also opened KRW trading for Spacecoin.
SPX
SPX6900
News
Seoul police booked Bithumb CEO Lee Jae-won as a bribery suspect over alleged job favors tied to lawmaker Kim Byung-kee’s son in Korea today
News
South Korean police have reportedly searched Bithumb’s offices as part of an investigation into allegations that independent lawmaker Kim Byung-gi used his political influence to help secure employment for his son at cryptocurrency companies. According to a Monday report from…
News
Bithumb signs an SSID partnership to explore a licensed Vietnam crypto exchange as regulators push trading toward local platforms this year.
News
South Korea’s Seoul Administrative Court has granted Bithumb a temporary reprieve from a six-month suspension, allowing the exchange to continue operating while the case proceeds. According to Yonhap News Agency, the court’s 2nd Administrative Division under Judge Gong Hyeon-jin approved…
News
South Korean financial regulators have issued a multi-billion won fine and a three-month business suspension against Coinone following a probe into systemic anti-money laundering failures. The Korea Times, Chosun, and Yonhap News reported on Monday that the Financial Intelligence Unit…
News
The South Korean central bank has called for cryptocurrency exchanges to implement their own “circuit breakers” to pause trading and prevent market panic after a clerical error at Bithumb led to the accidental transfer of $42 billion in Bitcoin to…
News
Crypto exchange Bithumb has initiated legal proceedings against several users to recover the remaining 7 Bitcoin missing from the massive payout error in February. The South Korean crypto exchange has reportedly filed for provisional seizures, which will allow it to…
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Crypto exchange Bithumb is reportedly delaying plans for its IPO until after 2028, according to local media. Per a report from Maeil Business News Korea citing a Bithumb official, the South Korean crypto exchange is set to “focus on preparing…
News
Bithumb seeks to reappoint CEO Lee Jae-won as the exchange faces AML penalties, new probes, and license renewal pressure.
News
Crypto exchange Bithumb will have to pay a fine of 36.8 billion won, about $24.5 million, after it was found to be in violation of South Korea’s Anti-Money Laundering rules. According to a local media report, South Korea’s Financial Intelligence…
News
South Korean crypto exchange Bithumb said it has recovered nearly all of the Bitcoin mistakenly distributed during a promotional error that briefly disrupted prices on its platform earlier this month. Bithumb says 99.7% of mistaken BTC has been recovered In…
Recap
In this week’s edition of the weekly recap, President Donald Trump denied awareness of reported UAE investment in World Liberty Financial, and China’s central bank joined nine agencies in banning unapproved yuan-linked stablecoins. Trump distances himself from World Liberty investment…
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