Currencies36834
Market Cap$ 2.52T+1.39%
24h Spot Volume$ 74.19B-99.9%
DominanceBTC56.02%-0.24%ETH9.94%-1.89%
ETH Gas0.03 Gwei
Cryptorank
/

Bithumb Signs with Kookmin Bank, Challenges Upbit for Market Lead


by Lipika Deka
for CoinEdition

Share:

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

In This News

Coins

$ 0.012

+0.82%

$ 0.00...361

$ 0.000161


Funds

Share:

In This News

Coins

$ 0.012

+0.82%

$ 0.00...361

$ 0.000161


Funds

Share:

Read More

Binance bank run? Reserves show a $40B drop yet Bitcoin holdings rose to 655k BTC, so what changed?

Binance bank run? Reserves show a $40B drop yet Bitcoin holdings rose to 655k BTC, so what changed?

Binance is at the center of renewed speculation as the specter of insolvency has once...
Israeli Authorities Charge Two Over Polymarket Military Bets

Israeli Authorities Charge Two Over Polymarket Military Bets

Israeli prosecutors indicted the two on charges of attempting to use confidential mil...

Bithumb Signs with Kookmin Bank, Challenges Upbit for Market Lead


by Lipika Deka
for CoinEdition

Share:

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

In This News

Coins

$ 0.012

+0.82%

$ 0.00...361

$ 0.000161


Funds

Share:

In This News

Coins

$ 0.012

+0.82%

$ 0.00...361

$ 0.000161


Funds

Share:

Read More

Binance bank run? Reserves show a $40B drop yet Bitcoin holdings rose to 655k BTC, so what changed?

Binance bank run? Reserves show a $40B drop yet Bitcoin holdings rose to 655k BTC, so what changed?

Binance is at the center of renewed speculation as the specter of insolvency has once...
Israeli Authorities Charge Two Over Polymarket Military Bets

Israeli Authorities Charge Two Over Polymarket Military Bets

Israeli prosecutors indicted the two on charges of attempting to use confidential mil...