OKCoin Eyes Cryptocurrency Exchange Launch In South Korea

Cryptocurrency exchange OKCoin is reportedly moving to launch in South Korea – possibly as soon as next month.

According to The Korea Times, the Beijing-based firm is eyeing a partnership with NHN Entertainment, a Korean developer, publisher, and distributor of mobile and PC games, for the venture.

The news source suggests that NHN is considering the partnership and an equity investment, though the move has apparently not been finalized.

OKCoin was established in China in 2013, but had to shutter its domestic exchange operations in October 2017, following Chinese regulators’ crackdown on cryptocurrency exchanges. Since then, the company has shifted to an over-the-counter model, and turned its attention to international markets.

read more at coindesk.com

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