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Crypto.com, a global leader in cryptocurrency services, is set to make waves in South Korea by launching its Crypto.com App, enabling Korean retail users to trade selected cryptocurrencies. With an impressive customer base of over 80 million worldwide, the platform boasts unparalleled security and privacy standards. This move will offer Korean users access to over 150 cryptocurrencies, alongside exclusive NFT projects and educational resources through Crypto.com University. Eric Anziani, the COO, expressed enthusiasm about entering the Korean market, highlighting the significance of South Korea’s forward-thinking regulatory framework for crypto.
As the launch date approaches on April 29th, Crypto.com is winding down services for the OK-BIT platform users, ensuring a smooth transition in compliance with local regulations. Patrick Yoon, General Manager for Crypto.com in South Korea, emphasized the tailored approach taken to meet the highly engaged South Korean crypto community’s needs. This strategic expansion not only marks Crypto.com as the first major global cryptocurrency exchange to enter the Korean market but also reinforces its commitment to ethical practices and regulatory compliance, promising a new era of secure and comprehensive Web3 services for Korean enthusiasts.