Sources: South Korea's Future Asset Securities considers splitting its crypto division into independent entities

According to the Pioneer Economic News, South Korean securities firm Future Asset Securities is considering establishing an independent entity focused on cryptocurrency business. The report quoted industry insiders as saying that the company is exploring the possibility of separating its digital asset solution team from traditional securities business. This potential initiative is based on the Digital Asset Task Force established by Chairman Park Hyeon joo in 2021, which evolved into the current team last year.