Amidst this big crypto takedown, several traditional brokerages in South Korea were reportedly prepping to roll out their exchanges. According to a recent report, seven firms had sent out applications seeking preliminary approval and establishing corporations to operate a crypto exchange. These exchanges are expected to debut in the first half of 2023, and the report brought only two out of seven firms to light. Samsung Securities, a subsidiary of Samsung Futures Inc., and Mirae Asset Securities were the two platforms mentioned in the report.
Samsung Securities, among others planning to roll out crypto exchanges in South Korea
