Korbit CEO elected as new chairman of DAXA

Digital Asset eXchange Alliance (DAXA), composed of South Korea's top five crypto exchanges, including Upbit, Bithumb, Coinone, Korbit and GOPAX, has announced the election of Korbit as the chair company, according to Bizwatch. Consequently, Oh Se-jin, the CEO of Korbit, will serve as the second chairman for a term of two years starting from January next year.