Search results for Mirae Asset Consulting
Crypto
Korea Investment Securities seeks stake investment in Coinone with global exchange OKX
Korea Investment Securities is known to be seeking a stake investment in Coinone together with global digital asset exchange OKX, drawing industry attention. The two are discussing acquiring about 20 percent each, with a structure likely centered on issuing new shares rather than buying existing stakes. Coinone said it is discussing partnerships, including strategic equity investments, with multiple companies but nothing has been decided.
Crypto
Brokerages eye digital asset exchanges in race to secure future growth
South Korea\'s major brokerages are showing interest in digital asset exchanges, with Korea Investment & Securities reviewing a possible stake purchase in Coinone after Mirae Asset moved to buy a controlling stake in Korbit. The moves come despite regulatory uncertainty, including debate over limits on major shareholders\' stakes. Industry watchers say ownership rules could spur governance reshuffles and open acquisition opportunities for financial firms.
Crypto
Digital asset framework act may come this month as major shareholder stake cap remains key issue
Discussions to enact South Korea\'s Digital Asset Framework Act have entered final coordination, but disagreements remain among politicians, financial regulators and the industry over limiting major shareholders\' stakes in digital asset exchanges. A plan to cap stakes at 20 percent, with exceptions up to 34 percent in some cases and a three-year grace period, is being considered. The National Assembly Research Service has raised possible constitutional issues, and opposition politicians have criticised the plan.
