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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


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$111,105.000.51%
  • ethereumEthereum(ETH)$2,677.59-0.09%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.450.12%
  • binancecoinBNB(BNB)$684.450.06%
  • solanaSolana(SOL)$186.883.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2472681.86%
  • cardanoCardano(ADA)$0.821.88%
  • tronTRON(TRX)$0.275492-0.06%
  • bitcoinBitcoin(BTC)$111,105.000.51%
  • ethereumEthereum(ETH)$2,677.59-0.09%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.450.12%
  • binancecoinBNB(BNB)$684.450.06%
  • solanaSolana(SOL)$186.883.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2472681.86%
  • cardanoCardano(ADA)$0.821.88%
  • tronTRON(TRX)$0.275492-0.06%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$111,105.000.51%
  • ethereumEthereum(ETH)$2,677.59-0.09%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.450.12%
  • binancecoinBNB(BNB)$684.450.06%
  • solanaSolana(SOL)$186.883.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2472681.86%
  • cardanoCardano(ADA)$0.821.88%
  • tronTRON(TRX)$0.275492-0.06%
  • bitcoinBitcoin(BTC)$111,105.000.51%
  • ethereumEthereum(ETH)$2,677.59-0.09%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.450.12%
  • binancecoinBNB(BNB)$684.450.06%
  • solanaSolana(SOL)$186.883.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2472681.86%
  • cardanoCardano(ADA)$0.821.88%
  • tronTRON(TRX)$0.275492-0.06%