Kiwoom to acquire a stake in Bithumb as South Korea advances STO and stablecoin reforms. New FSC ownership rules could force Bithumb Holdings to reduce its stake in the exchange. As Kiwoom Securities considers investing […]
Key Takeaways Kiwoom Securities opened stake talks with Bithumb via private placement; no terms set as of June 29, 2026. Bithumb Holdings’ 73.56% stake must shrink under Korea’s Digital Asset Basic Act, which caps owners […]
Key Takeaways South Korean police named Bithumb CEO Lee Jae-won a bribery suspect after a second raid on the cryptocurrency exchange. Bithumb allegedly gained an unfair edge as MP Kim targeted its rival Dunamu on […]
Investigators believe the lawmaker’s criticism of rival exchange Dunamu may have been tied to his son’s employment at Bithumb. South Korean police are investigating Bithumb CEO Lee Jae-won over bribery allegations linked to hiring […]
Key Takeaways Bitcoin hit a 3.1% KRW discount on June 1, its deepest gap since February 2021. Upbit logged $1.21B on June 6, yet BTC traded 2.46% below global prices. SK Hynix gained 1,000%+ as […]
Key Takeaways: Seoul’s court halted Bithumb’s 6-month FIU suspension on April 30, allowing the exchange to continue full operations. The FIU fined Bithumb 36.8 billion won ($24.6M) for 6.65 million AML and KYC violations in […]
Bithumb gained temporary relief after a court halted sanctions imposed over compliance failures. A South Korean court has temporarily halted the six-month partial business suspension imposed on crypto exchange Bithumb, offering relief to the […]
After recovering most assets, Bithumb is now pursuing court action against a small group of users who continue to resist repayment. South Korean cryptocurrency exchange Bithumb has moved to secure court approval to freeze […]
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor […]
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