The operator of Kakao Stock, a popular Korean securities trading app based on the countrys number one smartphone messenger app Kakao Talk, is launching a cryptocurrency exchange called Upbit. Over 110 cryptocurrencies will be supported initially including bitcoin, ether, and litecoin. The company says that it will be the largest digital currency exchange in South Korea.
I looks like it uses Kakaos/ UpBit.com frontends and runs/trades Bittrex in the background....
Interesting indeed. Think snapchat telegram WhatsApp and mobile bank (and lender) all rolled into one...Kakao have their fingers in many pies see here http://www.kakao.com/main and now with a upcoming cryptocurrency exchange... these guys are going to be able to buy cryptos easy as 1..2...3 everyone is already plugged into the system all KYC'd up.... and if they integrate across their platforms.... wowwza
South Korea - don't discount their buying power or appetite for cryptocurrency