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Tuesday

27 July 2021

Major Korean Bank Set To Provide Cryptocurrency Custody Services

Major Korean Bank Set To Provide Cryptocurrency Custody Services


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Woori Bank, the South Korean financial institution, enters the DACS (cryptocurrency custody services) market.

The Woori Financial Group will start offering its client cryptocurrency custody services.

The Korean Economic Daily report states that Woori Bank is the next Bank in South Korea to join the DACS market.

An official from the Woori Bank commented that digital asset custody had recorded more success among the recent services rendered by Banks in the overseas market.

There is now an increase in the demand for digital asset custody services in South Korea.

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