South Korean Regulator Flags Naver–Upbit Merger Risks Before Won Stablecoin Market Even Exists
South Korea’s Fair Trade Commission (FTC) has opened formal deliberations on Naver Financial’s proposed acquisition of Dunamu, the operator of Upbit, after examiners identified potential competition concerns in payments, digital asset trading and a won-backed stablecoin market that has yet to form. The FTC has not yet issued a final decision. Its review report, sent […]
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