Bithumb Financial News

01.08 / 09:09

Upbit Bithumb Top South Korean Crypto Exchanges to Pay 300M Won Supervisory Fee

South Korea is preparing to impose a supervisory fee for crypto operators in the country, based on their operating revenue.

24.07 / 01:48

Bithumb Bithumb Withdraws Planned 4% KRW Deposit Fee Increase, Maintains Current 2.2% Fee

Bithumb, a leading virtual asset platform, has announced the withdrawal of its proposed 4% annual increase in deposit usage fees. This decision follows additional review items discovered while complying with the Virtual Asset User Protection Act.

20.05 / 23:50

markets stablecoins Research Bithumb Experts Bitcoin reports Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report

South Korean

14.05 / 03:37

security Bithumb Bill Experts cover shock South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds

South Koreans who received airdrop tokens and prizes from the Bithumb crypto exchange from 2018 to 2021 could face unexpected tax bills.

07.05 / 02:11

IPO CEO Platform Bithumb Trade 2020 South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO

South Korea’s Bithumb crypto exchange may re-appoint its CEO Lee Jae-won, as the trading platform seeks to complete its planned IPO.

03.04 / 08:17

markets IPO Bithumb Trade performer reports Financial Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes

Bithumb Korea, the operator of the Bithumb crypto exchange, has reported a year-on-year decline in profitability for the Financial Year 2023, despite recent upturns in trading volumes.

25.03 / 05:51

markets IPO Platform Bithumb Trade reports Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing

The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.

18.01 / 07:25

Blockchain Assurant Bithumb Courts Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial

The former chairman of Bithumb Holdings and Bithumb Korea, Lee Jeong-hoon, has been acquitted for the second time in the $100 million fraud case.

28.12 / 00:34

CEO Bithumb country Inside electronic South Korean Biz Exec Bailed as ‘Bithumb Market Manipulation’ Probe Continues

A South Korean court has released a media mogul and business executive on bail as a probe into market manipulation and insider trading at the crypto exchange Bithumb continues.

22.11 / 00:57

CEO Southern Bithumb Celebrity reports Trial of Bithumb Operator’s CEO Begins

The trial of Lee Sang-jun, the CEO of the crypto exchange Bithumb’s parent company, has begun in Seoul, South Korea.

17.11 / 06:10

IPO Bithumb reports Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal

South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb.

16.11 / 06:55

IPO CEO Bithumb Inside rock reports South Korean Crypto Exchange Bithumb Still Aiming for IPO Despite ‘Deep’ Troubles

The South Korean crypto exchange Bithumb has effectively confirmed reports that it is hoping to launch an initial public offering (IPO), but may be hampered by financial issues and ongoing legal problems.

13.11 / 09:39

IPO Bithumb Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ).

31.08 / 06:19

Coinone CEO Southern Bithumb Celebrity star South Korean Prosecutors Seek Arrest Warrants for Golf Star & Bithumb Exec

South Korean prosecutors have asked a court to arrest an ex-pro golfer and a top executive at Bithumb, one of the country’s leading crypto exchanges.

28.08 / 12:49

Upbit Bithumb crypto regulation Reserve South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million

South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September.

22.08 / 08:49

regulation Upbit Taxes Bithumb Bitcoin South Korean city to seize crypto from thousands of tax evaders: Report

The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents.

28.07 / 19:57

regulation Upbit Bithumb Financial Intelligence Unit compliance Financial South Korea's Financial Intelligence Unit Presses Crypto Platforms to Improve Compliance Measures

The Korea Financial Intelligence Unit (KoFIU) in a meeting on Thursday told the Korean crypto industry to double down on their efforts to prevent illegal activities.

24.05 / 07:17

regulation Upbit Bithumb South Korea’s lead party wants crypto disclosure laws to apply earlier: Report

A new bill mandating South Korean lawmakers and high-ranking government officials to declare their cryptocurrency holdings is expected to take effect within the next two months, said the floor leader of the country’s ruling party.

15.05 / 16:03

business Upbit Bithumb raid South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal

Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of lawmaker Kim Nam-kuk.

20.03 / 13:41

Provident Coinone Southern Bithumb Bithumb Exec Suspected of Taking Bribe in Exchange for Token Listing

An official from the South Korean crypto exchange Bithumb is under investigation – on suspicion of taking bribes in exchange for facilitating a coin listing.

02.02 / 08:07

business crimes Bithumb Bithumb owner arrested in South Korea over alleged embezzlement

The suspected real owner of South Korea’s largest crypto exchange Bithumb has been arrested on alleged embezzlement charges on Feb. 2 local time.

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