Nexon Gaming Denies Rumors of Bitstamp Crypto Exchange Purchase

Nexon Gaming Denies Rumors of Bitstamp Crypto Exchange Purchase

Nexon, the video gaming company, denied the upcoming purchase to acquire the cryptocurrency exchange Bitstamp claims local news outlet The Korean Herald reported on April 25.

Business Insider reported yesterday that there was a possible deal between Nexon and Bitstamp where the Korean gaming company would acquire the exchange for around $350 million.

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Lee Jung-hun, Nexon CEO, stated at a press conference that the company does not have anything to do with the Bitstamp acquisition. “We do not have any plans to link cryptocurrencies with their game business”.

Lee Jung-hun did add that Nexon does see the potential in utilizing blockchain technology for game development in the near future.

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