Bithumb, South Korea’s second largest cryptocurrency trade, introduced the launch of the ICP/KRW buying and selling market. The brand new buying and selling pair will go dwell on June 12, 2024 at 20:00.
Bithumb to Launch ICP/KRW Buying and selling Market Amid Regulatory Adjustments
The transfer is a part of a broader development amongst South Korean exchanges to speed up the itemizing of recent cash in response to imminent regulatory adjustments.
New cryptocurrency laws set to return into impact in July have prompted exchanges to broaden their choices and adjust to enhanced regulatory requirements.
The launch of the ICP/KRW buying and selling pair will present customers with extra choices and facilitate higher liquidity available in the market.
Bithumb’s choice underscores its dedication to staying forward of regulatory developments whereas persevering with to offer quite a lot of buying and selling alternatives for its customers.
As South Korea prepares for these new laws, exchanges like Bithumb are taking proactive steps to make sure compliance and enhance their buying and selling environments.
This strategic transfer goals to draw extra traders and strengthen the trade’s place within the aggressive South Korean cryptocurrency market.
*This isn’t funding recommendation.