Foreign media: Kakao may launch its crypto token on the China Exchange

According to South Korean media News1, South Korean communications giant Kakao subsidiary Ground X is developing Klip wallet, which will support Klay (Kakao token). Klip will also be enabled on KakaoTalk. In addition, Kakao may consider Klay on the Chinese and Korean exchanges, but according to an anonymous Korean official, the South Korean government may prevent it from choosing a platform in the country.