65% of Bitcoin Exchange Krobit Is Purchased by Korean Media Giant

Korean Media Giant NXC purchases the cryptocurrency exchange Korbit for the overwhelming 80 mln US dollars. NXC has already confirmed the deal abut which was spoken in media long ago. NXC owns online games platform Nexon, now it owns as well 65% of Bitcoin exchange Korbit.

NXC is famous for investing in start-ups that concentrate on digital ideas and advances technologies, hence, this purchase means that NXC sees potential in cryptocurrency. Korbit is now one of the largest exchange markets for the digital currency, and after China`s exit, this purchase will bring Korea to the leading positions in online trading. Now, the only issue that still stays is the legitimacy of cryptocurrency for such needs, thus, changes in legislation shall follow in order to adapt to the changing environment.


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