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2024-08-08 08:15:14 +0300

Crypto.com Expands in South Korea, Looks Beyond Market Route

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Bloomberg
By Hooyeon Kim

Digital currency platform Crypto.com unveiled acquisitions in South Korea, pushing ahead with expansion in a bet that digital-asset markets will recover from this year’s rout.

The company said Monday it had acquired South Korean payment service provider PnLink Co. and virtual-asset exchange OK-BIT Co., securing registrations under the nation’s Electronic Financial Transaction Act and as a virtual-asset service provider.

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