2018-8-2 10:31 |
Exchanges
Bithumb has suspended issuing new virtual accounts to crypto traders starting on August 1 after failing to renew the contract with its bank.
Only three exchanges in the country are now reportedly able to open new virtual accounts for their customers.
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Bithumb Halts Issuing New Virtual Accounts
Crypto exchange Bithumb has announced the suspension of new virtual account issuance starting on August 1.
However, the news outlet noted that “customers who already have virtual accounts can use them for deposit and withdrawal services.” For Bithumb customers, virtual accounts are needed to deposit or withdraw Korean won.
We are planning to iron out our different views on some legal expressions and start issuing virtual accounts soon.”
What do you think of Bithumb not being able to open new virtual accounts?
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