Kiwoom eyes Bithumb stake as Korean brokerages push into crypto: Report

CoinTelegraph·

Kiwoom eyes Bithumb stake as Korean brokerages push into crypto: Report

60-second summary

Kiwoom Securities is reportedly seeking to acquire a stake in crypto exchange Bithumb, as more Korean brokerage firms push into the industry ahead of the FSC's new regulatory reforms in July.

Kiwoom Securities is reportedly seeking to acquire a stake in crypto exchange Bithumb, as more brokerage firms race to secure a stake in the industry ahead of the FSC’s new regulatory reforms in July.