Bithumb, a leading cryptocurrency exchange in South Korea, has revealed plans of issuing its own token, Bithumb Coin, in Singapore, according to a local news outlet report on April 19.
The report says that Bithumb would be conducting its token sale in Singapore instead of South Korea since ICOs are banned in South Korea. Bithumb is now focusing on large-scale investors instead of individual investors. There is, however, no official statement that tells us about the size of the venture or when the coin is expected to be launched.
https://coinfrenzy.io/bithumb-issue-token-singapore/