NAHA, Japan -- Klaytn, a cryptocurrency project backed by South Korean Internet conglomerate Kakao, is accelerating its overseas expansion amid growing regulatory scrutiny in its home market, a group executive told Nikkei Asia.
Cryptocurrencies
Kakao-backed crypto project races to expand outside South Korea
Competition among 'layer one' blockchains heats up as regulatory scrutiny grows
David Shin, head of global adoption at Krust Universe, a Singapore-based subsidiary of South Korea's Kakao that is backing the cryptocurrency project Klaytn. (Photo source materials courtesy of Krust Universe)
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