• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Tuesday, September 26, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Korean Company Samsung May Launch Crypto Exchange: Report

August 22, 2022
in Blockchain
Reading Time: 2 mins read
A A
Korean Company Samsung May Launch Crypto Exchange: Report
ShareShareShareShareShare

Related articles

Japan’s JCBA Submits Initial Proposal for IEO Regulatory Reform to JVCEA

Japan’s JCBA Submits Initial Proposal for IEO Regulatory Reform to JVCEA

September 26, 2023
Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

September 26, 2023

Last updated Aug 22, 2022

Samsung Securities may bring its crypto exchange platform with other leading securities companies.

The adoption of cryptocurrencies is increasing rapidly day by day because of the real use case of the backend technology of blockchain. More than 13 years have been completed for Bitcoin but still, this innovative industry is in the initial phase of adoption because of lack of clear regulatory policies. Over the past few years, conditions for the crypto industry have become better, thanks to the efforts by the crypto friendly policymakers. 

According to a local South Korea news report, 7 Korean securities companies, including Samsung Securities, are planning to establish a new digital assets trade platform by the first quarter of 2023. 

Reportedly the leading Securities companies collaborated, as a part of the efforts to secure regulatory approval from domestic monetary watchdogs.

“Currently, discussions necessary for the establishment are being finalized,” an official from one of the firms stated.”

Mirae Asset Securities and Samsung Securities are also among the 7 companies. The former company will create a subsidiary under Mirae Asset Consulting. Once it will complete its work then it will provide crypto assets trade as well as NFTs trade also. 

It is worth noting that Samsung has already tried to establish its security token business in 2021 but due to a lack of ability to establish a professional team, the company dropped the plan. 

Crypto friendly president

These types of eagerness by such giant companies in the crypto sector was possible because of the Crypto friendly Korean president Yoon Suk-yeol.

Earlier this year, Yoon & also his rival opponents promised to bring better crypto policies. Now Yoo is in power as a winner and he is working more collinearly with what he promised, and results can be seen among the non-crypto players. 

Read also: Creditors objects to bankrupt Voyager Digital’ paying out bonus plan to clients

Credit: Source link

ShareTweetSendPinShare
Previous Post

SWIFT considered ‘neutral’ on sanctions; debate sparked on whether Ethereum is the same

Next Post

Tether Wants to Be More Transparent. But Crypto Issuer Is Still Falling Short.

Related Posts

Japan’s JCBA Submits Initial Proposal for IEO Regulatory Reform to JVCEA

Japan’s JCBA Submits Initial Proposal for IEO Regulatory Reform to JVCEA

September 26, 2023

Key Takeaways JCBA (Japan Cryptocurrency Business Association) submits initial proposal for IEO (Initial Exchange Offering) regulatory reform to JVCEA (Japan...

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

September 26, 2023

Key Takeaways Amazon to invest up to $4 billion in Anthropic. Anthropic gains access to AWS Trainium and Inferentia chips....

1INCH Jumps 4% – Are DEX Aggregators the Future?

1INCH Jumps 4% – Are DEX Aggregators the Future?

September 26, 2023

Join Our Telegram channel to stay up to date on breaking news coverage 1inch (1INCH) price is trading is scaling...

ApeCoin Price Prediction: APE Moves 2% – Jungle Domination Ahead?

ApeCoin Price Prediction: APE Moves 2% – Jungle Domination Ahead?

September 26, 2023

ApeCoin (APE) price has rallied 2% over the last 24 hours to trade at $1.126. Its 24-hour trading volume is...

WSM Token Initial Listing on OKX – Biggest Crypto Launch of 2023

WSM Token Initial Listing on OKX – Biggest Crypto Launch of 2023

September 26, 2023

Join Our Telegram channel to stay up to date on breaking news coverage Following a successful presale, the biggest meme...

Load More
Next Post
Tether Wants to Be More Transparent. But Crypto Issuer Is Still Falling Short.

Tether Wants to Be More Transparent. But Crypto Issuer Is Still Falling Short.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Binance Announces Cessation of The Sandbox NFT Staking and Polygon Network Support

Binance Announces Cessation of The Sandbox NFT Staking and Polygon Network Support

September 9, 2023
Judge Sets Deadline: FTX Founder SBF’s Fate Hangs On September 7 Jury Request

Judge Sets Deadline: FTX Founder SBF’s Fate Hangs On September 7 Jury Request

August 31, 2023
G20 Summit: How crypto assets will be regulated? IMF's Gita Gopinath explains new framework – Business Today

G20 Summit: How crypto assets will be regulated? IMF's Gita Gopinath explains new framework – Business Today

September 10, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • XRP Ledger Developer Xumm Reveals “Infrastructure Overhaul,” More Than An Upgrade?
  • A New Era in Crypto Privacy and a Rival to Monero, Dash, and ZCash
  • Pudgy Penguins strikes major IP and merchandising deal with Walmart

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$26,136.00-0.72%
  • ethereumEthereum(ETH)$1,583.56-0.48%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.09%
  • binancecoinBNB(BNB)$211.680.92%
  • rippleXRP(XRP)$0.50-0.14%
  • usd-coinUSDC(USDC)$1.00-0.09%
  • staked-etherLido Staked Ether(STETH)$1,583.74-0.42%
  • cardanoCardano(ADA)$0.243976-0.53%
  • dogecoinDogecoin(DOGE)$0.060225-1.29%
  • solanaSolana(SOL)$19.14-1.90%
  • tronTRON(TRX)$0.0845360.24%
  • ToncoinToncoin(TON)$2.11-2.71%
  • Wrapped stETHWrapped stETH(WSTETH)$1,865.160.38%
  • polkadotPolkadot(DOT)$4.00-1.80%
  • matic-networkPolygon(MATIC)$0.52-0.27%
  • litecoinLitecoin(LTC)$63.80-1.14%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.64%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,119.00-0.68%
  • bitcoin-cashBitcoin Cash(BCH)$213.951.35%
  • chainlinkChainlink(LINK)$7.26-3.06%
  • daiDai(DAI)$1.000.00%
  • true-usdTrueUSD(TUSD)$1.00-0.07%
  • leo-tokenLEO Token(LEO)$3.65-3.38%
  • uniswapUniswap(UNI)$4.23-0.68%
  • avalanche-2Avalanche(AVAX)$8.940.42%
  • stellarStellar(XLM)$0.111755-1.16%
  • moneroMonero(XMR)$144.15-0.72%
  • okbOKB(OKB)$42.97-0.15%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • binance-usdBUSD(BUSD)$1.000.02%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • ethereum-classicEthereum Classic(ETC)$15.06-1.29%
  • cosmosCosmos Hub(ATOM)$6.96-1.19%
  • hedera-hashgraphHedera(HBAR)$0.049426-1.80%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • filecoinFilecoin(FIL)$3.17-1.21%
  • crypto-com-chainCronos(CRO)$0.049902-0.73%
  • internet-computerInternet Computer(ICP)$2.94-1.82%
  • lido-daoLido DAO(LDO)$1.45-1.48%
  • AptosAptos(APT)$5.39-3.39%
  • makerMaker(MKR)$1,406.248.06%
  • MantleMantle(MNT)$0.390617-0.62%
  • quant-networkQuant(QNT)$85.58-2.81%
  • vechainVeChain(VET)$0.016555-1.37%
  • ArbitrumArbitrum(ARB)$0.820.84%
  • nearNEAR Protocol(NEAR)$1.09-1.83%
  • optimismOptimism(OP)$1.272.08%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • KaspaKaspa(KAS)$0.045985-2.56%