Mirae Asset to Buy 92% of Korbit for $93 Million as South Korea Tightens Crypto Oversight

Mirae Asset Group has agreed to purchase a 92% stake in South Korean crypto exchange Korbit for $93 million in a cash-only deal approved on February 5. The transaction comes as regulators increase scrutiny of local exchanges and banks reassess real-name account partnerships following the recent Bithumb incident.