Samsung expects to launch own cryptocurrency exchange in 2023

Samsung Electronics may launch its own cryptocurrency exchange next year, Report informs with reference to local media.

Samsung is one of seven South Korean companies that have recently submitted applications to regulators for licenses needed to create a cryptocurrency exchange. Other companies include Mirae Asset Securities Co., one of the country's largest stock market brokers.

According to South Korean media, Samsung expects to create a new exchange in the first half of 2023.