
KB Kookmin extends Bithumb deal for one year
KB Kookmin Bank has agreed to extend its real-name account deal with Bithumb for one year.
South Korean cryptocurrency exchange Bithumb has been fined US$136,000 after the country's Personal Information Protection Commission found it transferred customer information to overseas cryptocurrency exchanges without obtaining the required user consent.
South Korean police have reportedly raided crypto exchange Bithumb as part of an expanding investigation into allegations that independent lawmaker Kim Byung-gi used his political influence to secure employment opportunities for his son at cryptocurrency firms.