Gate News reports that on April 3rd, according to Korea Herald Economy, Korea’s leading securities firm, Korea Investment Securities, is advancing the acquisition of a stake in Korea’s third-largest cryptocurrency exchange, Coinone. Currently, they are working to persuade financial regulatory authorities and the National Assembly’s Political Affairs Committee. The process is similar to the previous acquisition of Korbit by Mirae Asset Group. The current CEO of Coinone, Cha Myung-hoon, holds 53.44% of the shares, but upcoming regulatory changes may set the maximum shareholding limit for major shareholders at 15%-20%, creating an entry window for external buyers.
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