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Kiwoom Securities Puts Bithumb Stake Acquisition On Hold

Summary by Bitcoin World
BitcoinWorld Kiwoom Securities Puts Bithumb Stake Acquisition on Hold Kiwoom Securities has effectively paused its efforts to acquire a stake in South Korean cryptocurrency exchange Bithumb, according to an exclusive report from Byline Network. A company official indicated that internal sentiment has shifted against continuing the deal, citing Bithumb’s complex governance structure and the growing financial burden associated with the transactio…

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(Seoul = Yonhap News) Reporter Lee Min-young = Kiwoom Securities [039490] announced on the 6th cooperation with global foreign exchange and payment platform Travel Wallet in the fields of digital assets and embedded finance...

·Seoul, Korea (the Republic of)
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[Digital Daily Reporter Kang Ki-hoon] Kiwoom Securities is partnering with Travel Wallet to expand its digital asset and embedded finance businesses. Kiwoom Securities announced on the 6th that it has signed a strategic Memorandum of Understanding (MOU) with Travel Wallet for cooperation in the fields of digital assets and embedded finance. Both companies plan to jointly promote next-generation digital asset businesses and embedded financial s…

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Bitcoin World broke the news on Wednesday, August 5, 2026.
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