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After approval, can Bithumb shake Upbit’s crypto monopoly in South Korea
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H2: Bithumb crypto approval to compete with Upbit’s market dominance in South Korea
South Korea’s anti-money laundering unit recently approved Bithumb’s application to enable crypto services after a long wait. Almost 70 days to be precise.
Earlier today, Heo Baek-young, CEO of Bithumb, thanked its customers for accepting the exchange as a virtual asset business operator.
In the translated customer letter, Baek-young added,
“Bithumb is contemplating various ways to create a transparent ecosystem,
Read more on ambcrypto.comAbout this in other media
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South Koreans Can Trade Crypto Tax-Free Until at Least 2023 as Delay 'Virtualy Confirmed' cryptonews.com /2 years ago
Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot cointelegraph.com /2 years ago
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