Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins. Officials Finalize Majority Stake Deal As Korean news outlet Naver reports October 12, BK Global Consortium paid 400 million won ($353 million) for a majority stake in Bithumb, having previously held a minority position in the company. Under the new deal, which officials hope to finalize in the coming month, BK’s leader,Read MoreThe post South Korean Exchange Bithumb Sells To Singapore Investor For $353 Million appeared first on Bitcoinist.com.
