Korea Investment Eyes Coinone Stake, Crypto Scene Shifts
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Korea Investment and Securities is reportedly in talks to acquire a stake in Coinone, amidst South Koreas new crypto ownership regulations. The government has capped major shareholders stakes at 20%, affecting Coinones main owner who holds over half the shares. Meanwhile, Naver Financials acquisition of Dunamu, which runs Upbit, has been delayed due to ongoing reviews. As regulations tighten, expect more brokerage moves to reshape the crypto exchange landscape.
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