UTC-05:00,Thursday , January 28th 2021

South Korea’s Banking Giant To Co-create ‘Crypto Bank’ For Exchanges

04:29 Thursday , November 26th 2020
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.
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