If there is one rather intriguing trend in the financial sector, it is how banks are preparing to support digital currency and cryptocurrency services. Shinhan Bank in South Korea has been working on a virtual money deposit service. This is a rather interesting development, considering that the bank was awarded a contract to provide custodial services related to virtual currencies. Shinhan Bank has a pet Project In a way, it was only a matter of time before banks and other financial institutions got on the virtual currency bandwagon. Although most institutions continue to oppose Bitcoin openly, we have seen some interesting shifts take
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South Korea’s Shinhan Bank Is Building a Custodial Service for Virtual Money
