Express

South Korean Giant to Begin Crypto Custody for Institutional Investors

Tracy CHEN

Summary: One of South Korea's biggest commercial banks, NongHyup (NH Bank) said it is working on a cryptoasset custodial services platform for institutional investors.The bank said that it wants to launch crypto "ecosystem" operations, and also spoke of its long-term plans which include offering custodial services to the South Korean central bank, the Bank of Korea ...

One of South Korea's biggest commercial banks, NongHyup (NH Bank) said it is working on a cryptoasset custodial services platform for institutional investors.
The bank said that it wants to launch crypto "ecosystem" operations, and also spoke of its long-term plans which include offering custodial services to the South Korean central bank, the Bank of Korea (BOK) for the latter's forthcoming digital currency.

Tracy Chen

Last Update:

Tags:
Link: South Korean Giant to Begin Crypto Custody for Institutional Investors   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 1 day ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 6 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 7 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 10 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago
  • You need to login to comment.