- KORBIT+85Positive
CoinDesk (@CoinDesk)
JUST IN: South Korea's $1T Mirae Asset Group acquires a 97% stake in Korbit, marking the first time a traditional Korean financial group has taken a controlling stake in a domestic crypto exchange.
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JUST IN: South Korea's $1T Mirae Asset Group acquires a 97% stake in Korbit, marking the first time a traditional Korean financial group has taken a controlling stake in a domestic crypto exchange.
THE BLOCK: South Korean authorities have approved Mirae Asset's $88.5 million acquisition of Korbit exchange. This marks the first time a traditional financial institution has taken over a domestic crypto exchange in South Korea.
South Korean financial giant Mirae Asset buys 92% stake in Korbit crypto exchange https://www.theblock.co/post/389835/mirae-asset-acquires-korbit?utm_source=twitter&utm_medium=social
Mirae Asset in talks to buy Korean crypto exchange Korbit for up to $100 million: reports https://www.theblock.co/post/383813/mirae-asset-in-talks-to-buy-korean-crypto-exchange-korbit-for-up-to-100-million-reports?utm_source=twitter&utm_medium=social
The Korea Financial Intelligence Unit (FIU) is expected to impose institutional and personal penalties on Korbit, Gopax, Bithumb, and Coinone in sequence, following Dunamu. Industry insiders expect the violations to be similar across exchanges, with penalties comparable to Dunamu’s, and most measures likely to be completed by the first half of next year. Previously, FIU fined Dunamu, the operator of Upbit, 35.2 billion KRW (about $24.35 million). https://t.co/ZpCBalQXVb
BYBIT PURSUING ACQUISITION OF KORBIT IN SOUTH KOREA: BBG
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