This is part of a larger wave of South Korean institutions purchasing stakes in local exchanges, amid developing regulatory conditions.

Kiwoom Securities is pursuing a stake in Bithumb as South Korean brokerages race to acquire positions in crypto exchanges amid evolving regulations.

This is part of a larger wave of South Korean institutions purchasing stakes in local exchanges, amid developing regulatory conditions.

Kiwoom Securities is reportedly seeking to acquire a stake in the crypto exchange Bithumb, while South Korea’s financial regulators are preparing to announce new regulatory…