Bithumb is transforming its partner bank into Kookmin Bank of Korea
South Korean cryptocurrency exchange Bithumb is in the process of changing its partner bank to Kookmin Bank of Korea (KB). The Financial Intelligence Unit (FIU) of South Korea's Financial Services Commission recently accepted a report submitted by Bithumb on the change of bank issuing real-name accounts. If approved, customers trading cryptocurrencies on Bithumb will be required to use a Kookmin Bank account from March 24