Bithumb


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Korea Stands Firm on NFT Games; Laos Introduces Crypto Regulations

Bithumb approval sees Korea’s big four exchanges all fully licensed. Korea’s Game Rating and Administration Committee stands firm on NFT game ban. Laos issues new regulations for crypto miners and exchanges. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Bithumb to Mandate ID Verification From Non-Koreans Within the Year: Report

The crypto exchange will prohibit access to its platform for non-Korean nationals who fail to verify their identity by mobile phone.

Bithumb

Mercati

Upbit Is First Korean Exchange to Register With Authorities Before September Deadline

Crypto exchanges that don't register by Sept. 24 face being shut down in South Korea.

Upbit-logo

Mercati

South Korean Prosecutors Indict Former Bithumb Chairman in $100M Fraud Probe

Lee Jung-hoon allegedly took the funds from BK Group owner Kim Byeong-gun as an upfront "contract fee" in acquisition negotiations.

Bithumb

Mercati

Former Bithumb Korea Chairman Handed Over to Prosecutors

The move may mean the investigation is beginning to intensify.

Bithumb

Politiche

Bithumb Exchange's Offices Raided Again by Korean Authorities: Report

Local officials are said to have raided Bithumb's offices for the second time in a week as part of a fraud investigation.

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Mercati

Police Reportedly Raid Headquarters of Bithumb, South Korea's Largest Exchange

Crypto exchange Bithumb has reportedly been seized by police in Seoul on allegations that its chairman engaged in investment fraud.

(Primakov/Shutterstock)

Mercati

Bithumb Taps Chainalysis for FATF-Grade Crypto Investigation Tool

The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space.

"Bithumb had an immediate need for Reactor to manage their hack last year, and wanted to focus on boosting their investigative skills," said Chainalysis' Maddie Kennedy. Image by Danny Nelson

Politiche

Bithumb Exchange Fighting Back Against 'Groundless' $69M Tax Bill

The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.

(Primakov/Shutterstock)

Mercati

Korea's Tax Agency to Withhold $70M From Crypto Exchange Bithumb

South Korea's National Tax Service will withhold tax worth $70 million from the country's largest crypto exchange Bithumb.

Korean won and bitcoin

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