Bithumb, the second largest cryptocurrency exchange in South Korea, has revealed the launch of the ICP/KRW trading market. Scheduled to commence on June 12, 2024, at 20:00, this new trading pair introduction aligns with the increasing trend observed among South Korean exchanges to expedite the addition of new digital currencies in light of upcoming regulatory modifications.

The impending cryptocurrency regulations, slated to be enforced in July, have spurred exchanges to broaden their offerings and adhere to heightened regulatory requirements. By introducing the ICP/KRW trading pair, users will gain access to more choices, fostering greater market liquidity.

Bithumb's initiative highlights its dedication to staying abreast of regulatory shifts while ensuring a diverse range of trading opportunities for its clientele. As South Korea readies itself for these regulatory adjustments, exchanges like Bithumb are taking pre-emptive measures to ensure compliance and enhance their trading ecosystems.

This strategic decision aims to attract a larger investor base and fortify Bithumb's standing within the competitive South Korean cryptocurrency sector.