South Korea’s financial sector has made yet another important move toward digital assets through a groundbreaking corporate deal this week. Mirae Asset Consulting, an affiliate of Mirae Asset Financial Group, has concluded its acquisition of cryptocurrency exchange Korbit and become the largest shareholder in the company by completing all necessary
The South Korean Crypto Exchange, Korbit, has been imposed with a fine of 1.88 million dollars, which is about 2.73 billion won, and has received an institutional warning by South Korea’s Financial Intelligence Unit (FIU). This strong decision comes after the comprehensive review that happened in late 2024, which found
Mirae Asset Group, a leading financial conglomerate in South Korea, is allegedly engaged in active acquisition talks with Korbit, the fourth-largest cryptocurrency exchange in the country, with plans to buy the company at a price between 100 and 140 billion KRW, or around $70 million and $100 million. The acquisition
