Friday, May 20, 2022

LG Electronics adds blockchain and crypto as new areas of business By Cointelegraph

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South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter.

According to a local South Korean news report, LG added two distinct crypto-related objectives during its annual general meeting on Thursday. The objectives include “the development and selling of blockchain-based software” and “the sale and brokerage of cryptocurrency,” leading to conjecture whether LG would establish some form of crypto exchange.