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Korean Crypto Exchange Bithumb Suspends Opening New Virtual Accounts

August 2, 2018 by DIGIT

Bithumb has suspended issuing new virtual accounts to crypto traders starting on August 1 after failing to renew the contract with its bank. These accounts are part of the real-name system enforced by the Korean government earlier this year. Only three exchanges in the country are now reportedly able to open new virtual accounts for … Read more

Categories AML, bank account, Bitcoin, Bithumb, BTC, Coinone, Crypto, Cryptocurrency, Digital Currency, Exchanges, Government, Korbit, korea, Korean Won, Money Laundering, N-Economy, nh nonghyup bank, real name system, renew contract, Shinhan Bank, South Korea, upbit, virtual accounts, Virtual Currency


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  • bitcoinBitcoin(BTC)$87,226.001.48%
  • ethereumEthereum(ETH)$2,942.26-0.16%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$866.201.40%
  • rippleXRP(XRP)$1.922.81%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$128.651.76%
  • tronTRON(TRX)$0.2801010.67%
  • staked-etherLido Staked Ether(STETH)$2,941.16-0.13%
  • dogecoinDogecoin(DOGE)$0.1312211.59%
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  • bitcoinBitcoin(BTC)$87,226.001.48%
  • ethereumEthereum(ETH)$2,942.26-0.16%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$866.201.40%
  • rippleXRP(XRP)$1.922.81%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$128.651.76%
  • tronTRON(TRX)$0.2801010.67%
  • staked-etherLido Staked Ether(STETH)$2,941.16-0.13%
  • dogecoinDogecoin(DOGE)$0.1312211.59%