Crypto.com Expands in South Korea, Looks Beyond Market Rout
- Digital-asset exchange said it acquired PnLink and OK-BIT
- South Korea prized for relatively wide embrace of crypto
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Digital currency platform Crypto.com unveiled acquisitions in South Korea, pushing ahead with expansion in a bet that digital-asset markets will recover from this year’s rout.
The company said Monday it had acquired South Korean payment service provider PnLink Co. and virtual-asset exchange OK-BIT Co., securing registrations under the nation’s Electronic Financial Transaction Act and as a virtual-asset service provider.