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South Korea’s Banking Giant To Co-create ‘Crypto Bank’ For Exchanges
Summary: South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the Bitcoin (BTC) holdings of corporate customers such as crypto exchanges. KB appears exceptionally keen ...
South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the Bitcoin (BTC) holdings of corporate customers such as crypto exchanges.
KB appears exceptionally keen to roll out crypto custody-related services for institutional investors before its nearest banking rivals, with some functionality becoming available as of next month.
Tracy Chen
Tags: Crypto Bank,South Korea’s Banking
Link: South Korea’s Banking Giant To Co-create ‘Crypto Bank’ For Exchanges [Copy]
