Gaming firm Nexon has agreed to buy a majority stake in South Korea's Korbit cryptocurrency exchange for roughly $80 million.
Seoul-based bitcoin multi-services company Korbit has announced $3m Series A funding from some major venture capital investors.
South Korea's Korbit exchange has informed users that non-citizens will soon not be able to deposit Korean won for trading.
The Principles of Winklevoss Capital will participate on a bitcoin-specific panel in Seoul on 14th May.
Korbit will receive $400,000 in funding from Silicon Valley investors, with backing from some big names.