Kiwoom eyes Bithumb stake as Korean brokerages push into crypto: Report
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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Wells Fargo reportedly in talks with Kraken parent Payward over crypto trading liquidity
The potential partnership could accelerate mainstream crypto adoption, positioning banks as key players in the evolving digital as...
OKX Eyes 63 U.S. Stocks in Major Tokenized Trading Expansion
Key Takeaways: OKXICE informed the SEC about its plan to establish an online platform called “Tokenized Securities Venue” that wou...
XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz
Ripple and South Korean brokerage Meritz Securities have signed a strategic partnership to assess Ripple Custody and Ripple’s toke...
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Ripple Gets a Korean Brokerage Onboard as XRP Beats Bitcoin on Upbit
Ripple’s strategic partnership with Meritz Securities, signed by President Monica Long in Seoul, was announced earlier today. The...
Coinbase acquires Deribit, expands US derivatives offerings
Coinbase's acquisition of Deribit may enhance U.S. crypto derivatives market activity, potentially influencing Ethereum's market d...