South Korean Crypto Exchanges To Face New Reserve Requirement Starting September

South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2.3 million)....

Huobi Korea Delists Monero Over Nth Room Case, Bithumb May Follow

Reports have emerged that participants in a Korean-based sexual exploitation ring used Monero for criminal acts. As a result, Bithumb is considering delisting the cryptocurrency. Huobi has already dropped...

South Korean Crypto Exchanges Aid Police in Child Porn Investigation

South Korea’s four major cryptocurrency exchanges, Upbit, Bithumb, Coinone, and Korbit, reportedly stated that they would support the local police in investigating the so-called “nth rooms” phenomenon, which turned...

Huobi and Bithumb Crypto Exchanges Back Online After Congestion

Huobi and Bithumb, two of the leading exchanges in Asia’s crypto markets were both paralyzed by congestion, during the early morning crypto flash crash. Both exchanges have announced that...

Upbit Continues to Freeze Crypto Withdrawals For Foreign Users

South Korean crypto exchange, Upbit, started to block withdrawals for its foreign users back in December 2019. Initially it was thought to be in response to the hack that...

Two Asian Crypto Exchange Giants Partner to Expand Global Reach

South Korean crypto exchange Bithumb has announced a strategic partnership with Singapore-based exchange, Bitmax.io. This move will create new opportunities to reach global traders and investors. BOTH EXCHANGES EXPERIENCING GROWTH The...

fifth Greatest Korean Bitcoin Trade Closes Store

Coinnest, one of many largest Bitcoin exchanges in South Korea has introduced that will probably be shutting down following a litany of administrative, monetary and authorized points. fifth Largest...

Bithumb Hacked Once more? – Hackers Reportedly Steal $15 Million in EOS

Bithumb briefly suspended deposit and withdrawal companies on its platform. The South Korean cryptocurrency change seems to be the newest sufferer of one other hack with $15 million price...
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