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‘Time Has Come to Embrace Crypto,’ Says South Korea Stock Exchange Chief
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South Korea’s securities exchange operator, the Korea Exchange (KRX), is “studying” ways to “embrace cryptoassets,” its Chairman has stated.
According to Chosun and Seoul Shinmun, the KRX chief Sohn Byung-du told attendees at a financial conference that “it is time to explore how we can embrace cryptoassets.”
Sohn added:
“The cryptoasset market is no different from the capital market in that investor protection and transaction stability must be supported. It is time to study ways in which we can embrace cryptoassets using the experience and know-how [we have] accumulated in the [stock] market.”Sohn will likely have noted that stock trading is in danger of becoming dwarfed by crypto investment. Although a recent survey of “wealthy” South
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