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KEI Spotlight

South Korea’s Emergence as an Important Player in Cryptocurrency

November 8, 2018

South Korean consumers' extraordinary love for digital currency is well known among people closely following the cryptocurrency market – however, recent developments sugges that enthusiasm for cryptocurrency and the underlying blockchain technology extends beyond ordinary South Koreans to the business sector. The country's leading mobile tech company, Kakao, and service providers like SK Telecom are all moving aggressively into this space. Recent acquisition of Europe's largst cryptocurrency exchange by a South Korean investment firm is just the latest sign.

In his latest piece for the Diplomat, KEI Senior Director Troy Stangarone examines the challenges that may still be in the way for the sector to truly takeoff. See the article here