HONG KONG: Bitcoin may be about to take another step toward mainstream acceptance as South Korea’s biggest bank by assets prepares to embrace the cryptocurrency.
Shinhan Bank is in the process of selecting a company to test a bitcoin vault and wallet platforms. Subject to the regulator’s approval, the service is likely to be launched by mid-2018, said an official at the lender who asked not to be named due to company policy.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!