South Korea's second-largest cryptocurrency exchange, Bithumb, is changing its deposit and withdrawal service provider bank from NH NongHyup Bank to KB Kookmin Bank in an effort to tap into the mainstream market. The country's Financial Intelligence Unit has approved Bithumb's application to change partner banks, with the partnership with Nonghyup ending on March 23. From March 24, users will need to open a Kookmin Bank account to trade on Bithumb. The move is seen as an attempt by Bithumb to expand its market reach, particularly among younger users.



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