Bithumb Boss: Only 4-7 Korean Crypto Exchanges Will Survive Regulations

The CEO of Bithumb Korea, the domestic wing of the South Korean market-leading crypto exchange Bithumb, has predicted that after soon-to-promulgate regulations kick in, there will only be between four and seven exchanges left standing

There are currently almost 50 crypto trading platforms in the nation. New rules governing the sector will become effective in March this year.

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