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Has Binance Korea Received an Investment Boost?


Source: Adobe/Negro Elkha (edited by Cryptonews.com) International crypto exchanges in South Korea are attempting to close the gap on their domestic rivals, with Binance Korea reporting a threefold growth in net capital value since its launch in April. Per Paxnet, official figures show that that...

4 of South Korea’s Largest Banks to Provide Cryptocurrency Services


Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...

South Korea’s Largest Bank Unveils Bitcoin Custody Services


KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...

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