South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium

South Korea’s Largest Crypto Exchange Sold to Singapore-Based ConsortiumThe largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. Also read: 160 Crypto Exchanges Seek to Enter […]

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Huobi ‘Aggressively’ Enters Japanese Market With Plans to Become the Largest Exchange

Huobi 'Aggressively' Enters Japanese Market With Plans to Become the Largest ExchangeCrypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. Also read: 160 Crypto Exchanges Seek to […]

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