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Amid tightening regulations in South Korea, Vidente eyes controlling stake in Bithumb
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South Korea’s anti-money laundering unit recently approved Bithumb’s application to enable crypto services. Soon after, local reports claimed that the exchange’s largest shareholder is eyeing a controlling stake.
Not to forget, Bithumb is part of the “big four” crypto operators, only second to the biggest exchange Upbit. However, things have changed since it received a go-ahead from the Financial Intelligence Unit (FIU). Earlier, Vidente was reportedly considering unloading its Bithumb holdings.
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Read more on ambcrypto.comAbout this in other media
Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot cointelegraph.com /3 years ago
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South Korean legislators agree to delay taxation of cryptocurrency capital gains ambcrypto.com /3 years ago
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