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Home[1]News[2]Exchanges[3]Is South Korea Buying Crypto Exchange Bitstamp?
Bitstamp The crypto rumor mill is churning again. What’s the news this time? According to a tweet[4] from New York Times journalist Nathaniel Popper, South Korean investors might be buying the crypto exchange Bitstamp. The supposed acquisition is said to amount to about $400 million.

Along with all the other news about virtual currency exchanges, I’ve heard from numerous sources that one of the oldest exchanges, Bitstamp, is in the final stages of being sold to South Korean investors for ~$400m. Neither the exchange nor the buyers are commenting.

— Nathaniel Popper (@nathanielpopper) March 22, 2018[5]

>> Coin update: EOS, ICON (ICX), and Cardano (ADA)[6]

This has yet to be confirmed publicly by Bitstamp or anyone else, but people already have a lot to say about the matter. Some are questioning the truth behind the rumor, while others are outright against the very idea of it:

If it is true and they move their HQ to Korea, I will need to search for new exchange

— Crazy Money (@LMikulis) March 22, 2018[7]

Wtf?! Hope this is not true…

— ⚡peeticek [BTC_LTC]⚡ (@peeticek) March 23, 2018[8]

Source?

— Zeladis Dark (@ZeladisDark) March 22, 2018[9]

evidence to this rumor please.

— Mark Preston (@Thaman1111) March 23, 2018[10]

>> CryptoKitties’ Axiom Zen raises $12 million[11]

Bitstamp is currently ranked as the 11th largest exchange

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