Bithumb Extends Partnership with NH Nonghyup Bank for Real-Name Account Provision

IconCryptoNewsTerminal Staff19 Sep, 2024

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Bithumb Extends Partnership with NH Nonghyup Bank for Real-Name Account Provision

Bithumb, South Korea's leading digital asset exchange, initially planned to shift its partner bank from NH Nonghyup Bank to KB Kookmin Bank. However, recent announcements reveal that these plans have been dropped due to the stance of financial authorities. Instead, Bithumb and NH Nonghyup Bank have agreed to extend their real-name account provision contract, which was set to expire on the 24th of this month, until March next year. This extension signifies a continuation of the partnership between Bithumb and NH Nonghyup Bank.