Mirae Asset wins Korea’s approval to buy Korbit in a TradFi-crypto first

On July 9, the Fair Trade Commission of South Korea (KFTC) approved Mirae Asset Consulting’s acquisition of 92.06% of the cryptocurrency exchange Korbit. This is the first time that a subsidiary of a significant Korean financial institution has been permitted to buy a licensed digital asset exchange. For the rest of the world, which is...