Crypto.com acquires PnLink & OK-BIT

On Monday, Crypto.com announced that it had completed the acquisition of payment service provider ‘PnLink Co., Ltd,’ and virtual asset Service provider ‘OK-BIT Co., Ltd.’

By doing so, the crypto platform has mushroomed its presence in the South Korean market and has parallelly secured registrations under the nation’s Electronic Financial Transaction Act, and as a virtual-asset service provider.