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(Kitco News) - The onset of a crypto winter hasn’t deterred large multinational companies from wading deeper into the realm of blockchain technology and cryptocurrencies as a new report indicates that Samsung is looking to launch its own cryptocurrency exchange.
Samsung Securities, a subsidiary of Samsung Futures Inc., is among seven firms that have sent out applications seeking preliminary approval to establish a corporation to operate a crypto exchange in South Korea.
The report indicated that Samsung is currently conducting studies to determine how best to enter the cryptocurrency exchange market after its attempt to develop a crypto trading platform in 2021 failed to acquire the necessary talent to do so.
So far, the only other firm that has been identified is Mirae Asset Securities. Mirae is the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...