Bithumb Kicks Off Middle East Expansion With UAE Crypto Exchange
South Korean cryptocurrency exchange Bithumb is planting its flag in the Middle East with the launch of a licensed fiat-to-crypto exchange in the United Arab Emirates (UAE).
The firm announced Tuesday that it has signed a memorandum of understanding (MoU) with the UAE-based firm Nvelop to form a joint venture for the initiative, CoinDesk Korea reports.