Digital asset exchange cryptocom said it has received regulatory licenses in South Korea after buying local payment service firm PnLink Co. and virtual-asset exchange OK-BIT Co. By shauryamalwa and parikshitm899
, said in a statement “We are committed to working with regulators to continue to bring our products and services to market, particularly in countries like South Korea where consumers have shown strong
interest and adoption of digital currencies,” he added.The acquisitions come in the middle of a crypto market downturn, which has pushed several large exchanges to cut jobs and revise their growth plans.
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