CoinScoopDunamu and NAVER share swap faces potential regulatory hurdles
A share swap between Upbit operator Dunamu and a subsidiary of NAVER may face regulatory challenges in South Korea. The National Assembly Legislative Research Service indicated that the deal could conflict with Fair Trade Act requirements regarding minimum shareholding ratios for subsidiaries and potential ownership caps for major shareholders of virtual asset exchanges.
Summaries are written by AI from the original article. Not investment advice.