Friday, May 20, 2022

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


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.