The crypto currency exchange Bithumb will resume the registration process
One of the largest South Korean cryptocurrency exchanges Bithumb preparing to resume the registration of new accounts. This was reported by portal Coin Desk, citing local media.
New users can register on the trading platform within the framework of bilateral agreements of the exchange and Nonghyup Bank, which will be signed on 30 August this year. Cryptocurrency traders will offer to register on the exchange and to run a virtual Bank account at Nonghyup Bank to participate in transactions with digital assets.
Exchange Bithumb has suspended the registration of new accounts on July 31, explaining his decision by the need to improve service. However, the local newspaper stated that the main reason for disagreement of the platform with Nonghyup Bank.
According to South Korean law, banks may open a virtual account to capturadora only after complete verification of the identity to control the movement of capital.
We will remind, in June of this year, the crypto currency exchange Bithumb has undergone to hacker attack in which the funds were stolen users. Marketplace promised to compensate the loss suffered to save his reputation.