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Bithumb

RegisteredNo EU authorizationESMA register

Bithumb Korea Co., Ltd.

ExchangeSouth Korea Founded 2014bithumb.com
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Last reviewed
27 Aug 2026
2026-08-27

Compliance snapshot

  • KoFIU VASP registration with real-name bank accounts (NH Bank)
  • Activity effectively limited to the Korean market and KRW pairs
  • Historic hot-wallet thefts in 2017–2019, reimbursed by the operator
Overall concern
Medium concern

Domestically registered with the Korean FIU and real-name banking, but single-market exposure, a governance history and past security incidents keep the profile above the lowest band.

Licenses & registrations

  • South KoreaRegistered
    VASP registration (real-name accounts)
    Korea Financial Intelligence UnitKoFIU
    KOFIU-2021-00112021-09-24
    Verify at source

Reputation

Verified reputation data is unavailable

The ratings on file are illustrative and have no source URL or collection date. A verified source and review date are needed before scores can be displayed here.

Customer reviews
Source needed. A direct review-platform source and collection date are needed.
App Store & Google Play
Source needed. Verified store listings and collection dates are needed.
Press sentiment
Source needed. A dated source set and calculation method are needed.
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Recent press

  • 2026-08-03
    Bithumb now targets 2028 IPO after major internal restructuringNeutral

    CoinDesk — After missing three listing targets, Bithumb pushed its KOSDAQ IPO past 2028 and set up a KRW 100bn user-protection fund following regulatory criticism.

  • 2026-07-14
    Bithumb prepares domestic listingPositive

    Reuters — The operator confirmed preparations for a KOSDAQ listing.

  • 2026-04-29
    Korean exchanges tighten listing reviewsNeutral

    Bloomberg — A joint framework for token listing screens took effect.

  • 2026-01-22
    Bithumb widens institutional servicesPositive

    CoinDesk — Custody and reporting services for domestic institutions were expanded.

  • 2025-10-06
    Ownership structure questioned againNegative

    Financial Times — Reporting revisited long-running questions on beneficial ownership.

  • 2025-06-17
    Real-name banking partnership renewedPositive

    Reuters — The exchange renewed its settlement agreement with its partner bank.

Incidents & enforcement

  1. 2026-03-16FineKRW 36.8bn (~USD 24M)

    Korea's FIU fined Bithumb KRW 36.8bn (about USD 24M) and ordered a six-month partial business suspension over AML/KYC failures (6.65M+ unverified-identity cases); a Seoul court stayed the suspension on 2026-05-01 pending final judgment.

  2. 2026-02-07Outage

    An internal-control failure during a promotion erroneously credited about 620,000 BTC (notional ~USD 43bn) to 249 users; 1,786 BTC were sold in roughly 20 minutes and Bithumb's internal BTC price fell about 17%. 99.7% was recovered, affected traders were compensated and regulators opened inspections.

  3. 2019-03-29HackUSD 13,000,000

    Insider-linked theft from hot wallets; the operator reimbursed affected balances.

  4. 2018-06-19HackUSD 31,000,000

    Hot-wallet theft covered from corporate reserves.

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Profile last reviewed 27 Aug 2026 (2026-08-27)