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South Korean lenders vie to partner with crypto exchanges
Cryptocurrency exchanges in South Korea are looking for new bank partners to issue them with real name accounts under tightened regulation. According to multiple sources from the financial industry on Tuesday, Bithumb, the country’s second-largest crypto exchange, is seeking to find a new lender that will provide real-name accounts for its operation. The search comes as its contract with NH Nonghyup Bank is set to expire in March. Among the candidates, Bithumb is hoping to join hands with app-based lender KakaoBank Corp. after seeing a boost in business at Coinone, which partnered with the internet-only bank in ... (full story)
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- Posted: Jan 24, 2023 11:30pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 61
