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Huobi May Acquire South Korean Crypto Exchange Bithumb

Amy Liu

Summary: According to a report from South Korean media, Huobi may acquire Bithumb, the largest virtual asset exchange in South Korea. Several domestic investment bankers said that Huobi wants to acquire Bithumb to carry out virtual asset business in South Korea after the implementation of South Korea's "Relevant Laws on Reporting and Use of Specific Financial ...

According to a report from South Korean media, Huobi may acquire Bithumb, the largest virtual asset exchange in South Korea. Several domestic investment bankers said that Huobi wants to acquire Bithumb to carry out virtual asset business in South Korea after the implementation of South Korea's "Relevant Laws on Reporting and Use of Specific Financial Transaction Information", but it must obtain a real-name authentication account. Currently, there are only 4 cryptocurrency exchanges in South Korea that have real-name certified accounts, namely Bithumb, Upbit, Coinone, and Kobit.

By Amy Liu

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Link: Huobi May Acquire South Korean Crypto Exchange Bithumb   [Copy]
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