Source: Satoya Hirata/AdobeSouth Korea's major cryptocurrency exchanges are set to renew their banking deals, a sign that the relationship between the "big four" trading venues and the traditional financial sector remains strong.
According to Business Post, Bithumb is close to reaching an agreement with NongHyup Bank (NH Bank). The deal that will see the two parties working together for at least another year.
Bithumb's existing NH partnership agreement will expire on March 24. But the renewal process now appears to be a formality. The crypto exchange said that the renewal agreement is now "in its final stages."