Labor union established at South Korean exchange Bithumb

A labor union has been established at the South Korean cryptocurrency exchange Bithumb, Newshoo Plus reported exclusively. The new Bithumb Labor Union is reportedly affiliated with the National Public Workers' Union Federation, which is under the Federation of Korean Trade Unions. The union plans to serve as a consultative body for matters concerning employee welfare and working conditions. Bithumb stated that it is currently confirming the details of the union's formation. The company added that it respects its employees' rights and plans to respond diligently in accordance with relevant laws and procedures.