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Singapore-based crypto platform Crypto.com launches in South Korea

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by Techloy
Singapore-based crypto platform Crypto.com launches in South Korea
Photo by Kanchanara / Unsplash

Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea for an undisclosed amount, an important market for the platform in advancing blockchain technology.

  • Founded in 2016, Crypto.com serves more than 50 million customers and is the world’s fastest-growing global cryptocurrency platform.
  • The company says it secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by acquiring payment service provider PnLink and virtual asset provider OK-BIT.
  • Crypto.com believes that its services would not only help further evolve and empower commerce in Korea but also support the greater creation and development of its Web3 ecosystem.
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by Techloy

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