
By Steve Muchoki January 11th, 2021
As a result of the Nexon confirmation, Bithumb will remain a sole entity.
South Korean-based cryptocurrency exchange platform.
Bithumb is a cryptocurrency exchange platform. The South Korean-based platform is also known as a leading exchange for ether, the currency of Ethereum (which in itself is immensely popular in the country).
Bithumb is operated by a company called BTC Korea.com Co. Ltd.
As a result of the Nexon confirmation, Bithumb will remain a sole entity.
It is believed that the acquisition of Bithumb by Nexon may greatly contribute to the creation of a positive image around the platform in particular and the industry in general.
South Korean lawmakers want to delay the implementation of the new rules in order to give more time to crypto exchanges to get ready.