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MainNewsBithumb Sign...

Bithumb Signs with Kookmin Bank, Challenges Upbit for Market Lead


by Lipika Deka
for CoinEdition
Bithumb Partners with Kookmin Bank to Rival Upbit
  • Bithumb switches partner bank to KB Kookmin Bank starting March 24th.
  • Kookmin Bank’s stronger appeal to the 2030 generation promises increased accessibility for investors.
  • The partnership could challenge Upbit’s dominance in the Korean crypto market.

Bithumb’s partnership with KB Kookmin Bank will likely reshape South Korea’s crypto market. This change, effective March 24, from Nonghyup Bank to Kookmin Bank, is a strategic move to attract younger and institutional investors. The partnership aligns with regulatory changes that encourage exchanges to improve their market appeal and operational efficiency.

In May 2024, Bithumb tried to register KB Kookmin as its partner firm with the Korea Financial Intelligence Unit (KoFIU). Ho…

The post Bithumb Signs with Kookmin Bank, Challenges Upbit for Market Lead appeared first on Coin Edition.

Read the article at CoinEdition

Read More

South Korea Eyes Won-Based Stablecoin Amid Forex Concerns

South Korea Eyes Won-Based Stablecoin Amid Forex Concerns

The governor of the South Korean central bank has voiced his cautious optimism regard...
Exclusive Airdrop for KuCoin Users with WAGMI’s INFOFI Listing: Predictive AI and Viral Crypto Media

Exclusive Airdrop for KuCoin Users with WAGMI’s INFOFI Listing: Predictive AI and Viral Crypto Media

KuCoin, a leading global cryptocurrency exchange, will list WAGMI HUB’s native token,...
MainNewsBithumb Sign...

Bithumb Signs with Kookmin Bank, Challenges Upbit for Market Lead


by Lipika Deka
for CoinEdition
Bithumb Partners with Kookmin Bank to Rival Upbit
  • Bithumb switches partner bank to KB Kookmin Bank starting March 24th.
  • Kookmin Bank’s stronger appeal to the 2030 generation promises increased accessibility for investors.
  • The partnership could challenge Upbit’s dominance in the Korean crypto market.

Bithumb’s partnership with KB Kookmin Bank will likely reshape South Korea’s crypto market. This change, effective March 24, from Nonghyup Bank to Kookmin Bank, is a strategic move to attract younger and institutional investors. The partnership aligns with regulatory changes that encourage exchanges to improve their market appeal and operational efficiency.

In May 2024, Bithumb tried to register KB Kookmin as its partner firm with the Korea Financial Intelligence Unit (KoFIU). Ho…

The post Bithumb Signs with Kookmin Bank, Challenges Upbit for Market Lead appeared first on Coin Edition.

Read the article at CoinEdition

Read More

South Korea Eyes Won-Based Stablecoin Amid Forex Concerns

South Korea Eyes Won-Based Stablecoin Amid Forex Concerns

The governor of the South Korean central bank has voiced his cautious optimism regard...
Exclusive Airdrop for KuCoin Users with WAGMI’s INFOFI Listing: Predictive AI and Viral Crypto Media

Exclusive Airdrop for KuCoin Users with WAGMI’s INFOFI Listing: Predictive AI and Viral Crypto Media

KuCoin, a leading global cryptocurrency exchange, will list WAGMI HUB’s native token,...