The South Korean cryptocurrency exchange is to sign an agreement with Nonghyup Bank, after which the process of new user registrations may be reopened. The partnership with the bank will allow crypto traders to open personal virtual bank accounts to trade on Bithumb. The exchange closed all new registrations on July 31st, stating that it needs to improve its services, but many suspected that the real reason was disagreements with Nonghyup Bank about the terms of the contract, which arose after the recent hacking of the website.