Unregistered exchange BTCC resumes KRW deposit service in South Korea

Unregistered crypto exchange BTCC has resumed a service allowing users to purchase overseas stablecoins with Korean won through domestic bank accounts, the Seoul Economic Daily reported. The deposit screen on the BTCC app lists personal accounts at South Korean banks, including IBK Industrial Bank, Jeonbuk Bank, and Toss Bank, as destinations for won deposits. When South Korean users transfer won to these accounts, their exchange wallets are credited with Tether (USDT).