Largest Korean Exchange to Review Listings and Drop Failing Coins
Bithumb will assemble a committee to periodically review its listed cryptocurrencies.
The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.
South Korea's National Tax Service will withhold tax worth $70 million from the country's largest crypto exchange Bithumb.
The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space.
Bithumb Global is launching an "exchange-as-a-service" platform through its new namesake blockchain platform.
A fintech firm's acquisition of Bithumb reportedly hasn't been fully paid for, even after a deadline was extended.