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
from WebHits.io Blog http://blog.webhits.io/bank-freeze-forces-korean-crypto-exchange-bithumb-to-disable-new-accounts-report/
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