Large South Korean bank enters the crypto custody business
KB Kookmin Bank, one of the largest banks in South Korea, has partner with the Blockchain Venture Fund Hashed and the Crypto Trading Platform Cumberland Korea to establish a “strategic technology cooperation” for the custody of digital assets.
The partnerships claim that their entry into the crypto-custody business is in response to regulatory changes. These changes encouraged them to look at new business models – especially those based on blockchain technology.
Read on on Coin Telegraph
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