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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.H

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