According to news from CoinWorld, Deepcoin, a globally leading cryptocurrency exchange, announced the completion of its integration with the South Korean exchange Bithumb through an official announcement. This integration supports the compliant transfer of crypto assets via CODE (Travel Rule Alliance). Users can seamlessly deposit, withdraw, and trade between the two platforms, marking a milestone for Deepcoin in global compliance operations. Bithumb, established in 2014, is one of the earliest and most representative cryptocurrency exchanges in South Korea and is now one of the largest exchanges in the country, boasting a large user base and a rich variety of trading pairs. According to the requirements of South Korean financial authorities, virtual asset service providers (VASP) must comply with the FATF Travel Rule starting from 2022. This integration makes Deepcoin the tenth overseas exchange to connect with Bithumb, following Binance, OKX, and Bybit. The system integration ensures secure sharing and instant verification of user asset flow information, ensuring compliance and convenience. Deepcoin has previously obtained compliance approval from CODE in South Korea and has completed integrations with Coinone, FOBL, GOPAX, and others. Deepcoin's founder and CEO Ego stated that compliance is at the core of their globalization strategy, and they will promote more international institutional cooperation in the future.
