South Korean cryptocurrency Kakao to be listed on Upbit
The proprietary cryptocurrency of the South Korean company Kakao, known for developing the KakaoTalk messenger, Klay will be listed on Upbit Singapore and Upbit Indonesia by the end of September. The developers of the blockchain platform Klaytn wrote about this in their blog today..
Earlier it was reported that Kakao is considering listing the cryptocurrency on exchanges in China and South Korea. In home jurisdictions, however, this may be prevented by local authorities taking a cautious approach to cryptocurrency regulation. Anonymous source says Kakao is too big for plans to go unnoticed.
It is also known that by the end of the year, the launch of the official wallet for storing Klay called “Klip”, which will be integrated with the KakaoTalk messenger.
“With the official launch of Klay, we look forward to joining the development of the Klaytn platform with new developers and service providers,” the company writes..
In addition, to work with the Klay cryptocurrency and the Klaytn blockchain, the South Korean technology corporation Samsung intends to release a specialized version of its Galaxy Note 10 smartphone..
Upbit, launched on the American cryptocurrency exchange Bittrex technology at the end of 2017, currently has offices in South Korea, Singapore and Indonesia..
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