South Korea’s biggest crypto exchanges appear to be on an expansion drive – and have hired 620 new staff members this year.
Per the media outlet The Fact, the “big four” crypto trading platforms in the nation – Upbit, Bithumb, Korbit and Coinone – have been growing their workforces in 2021. And pay rates at the firms are on the up, too.
Among the new hires are a number of former senior-level regulators, including ex-officials from the Financial Supervisory Service (FSS), a body with indirect control over the way crypto is policed in the country.
And in addition to the FSS hires already reported on by Cryptonews.com, Bithumb this month successfully completed the hire of a former “grade 5” civil servant from the Financial Services Commission (FS
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