South Korea’s Mirae Asset completes acquisition of Korbit crypto exchange

60-second summary

Mirae Asset is completing its acquisition of Korbit crypto exchange in South Korea, solidifying its control over the platform. The company plans to increase its stake from 92.06% to 97.15% through an additional deal later this week. This move demonstrates Mirae Asset's strategic expansion in the Korean crypto market, potentially influencing the country's regulatory landscape.