9 months ago

Based in South Korea bitcoin-exchange Bithumb can resume the process of registering new accounts after signing an agreement with Nonghyup Bank, which is expected to take place on August 30, according to Yonhap news agency.

Restoring cooperation with Nonghyup Bank will allow cryptocurrency traders to open personal virtual bank accounts for trading on Bithumb.

The Exchange suspended registration of new users on July 31 stating the need for “service improvement”. Nevertheless, local media reported that the real reason was disagreements with Nonghyup Bank about the terms of the contract, which arose after the recent hacking of the site.