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Sunday, May 18, 2025

Samsung Slates Crypto Exchange Launch in South Korea for 2023: Report - Decrypt

Samsung’s investment arm is eyeing the launch of its own cryptocurrency platform, South Korean media reported on Monday.
Samsung Securities is one of seven domestic brokerages looking to start operating a crypto exchange in the first half of next year. Talks with local authorities over securing licensing are said to be in advanced stages.
Mirae Asset Securities and five other domestic companies are also planning to launch their own platforms.
“Currently, discussions necessary for the establishment are being finalized,” an official from one of the companies applying for licensing told NewsPim.
The report also stated that Samsung Securities is conducting a study on how best to enter the blockchain business.
Its previous attempts to launch an exchange were stalled last year when the business was reportedly unable to hire the right professionals to run it.
But the company has continued to keep pace with developments in the digital asset industry.
Earlier this month, Samsung Securities...



Read Full Story: https://decrypt.co/108211/samsung-slates-crypto-exchange-launch-south-korea-2...

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