Search Inside Bitcoins

Home newsbank freeze forces korean crypto exchange bithumb to disable new accounts report

Bank Freeze Forces Korean Crypto Exchange Bithumb to Disable New Accounts: Report

Updated: 25 July 2021

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

South Korean crypto exchange giant Bithumb has suspended the issuance of new KYC bank-linked virtual accounts after failure to renew and establish a contract with a bank, as mandated by new guidelines this year. Starting today, August 1, Bithumb – one of Korea’s ‘big four’ exchanges – is no longer issuing new virtual accounts to

The post Bank Freeze Forces Korean Crypto Exchange Bithumb to Disable New Accounts: Report appeared first on CCN

Join Our Telegram channel to stay up to date on breaking news coverage

Samburaj Das

View all posts by Samburaj Das

Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. Note that the content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site.

Bank Freeze Forces Korean Crypto Exchange Bithumb to Disable New Accounts: Report

Read next

The Cryptocurrency Sector Set to Metamorphose Because of Trilliant Hardware

Read next

Related News