KBW 2022 Cryptocom hits key regulatory milestone in South Korea

Crypto exchange Crypto.com says it achieved a key milestone in South Korea after securing two local companies, giving it access to crypto and payments registration in the country. The news came during Korea Blockchain Week 2022 after the company announced it acquired payment service provider PnLink Co. Ltd. and virtual asset service provider OK-BIT Co. Ltd. The move means they have now secured electronic financial transaction act and virtual asset service provider registration in South Korea.