Six Major South Korean Banks to Support Cryptocurrency Exchanges, Price Surge Imminent?
Six major South Korean banks including Shinhan Bank, the second largest bank in the country, will officially begin providing local cryptocurrency exchanges with virtual bank accounts.
Virtual Accounts Restarted, Traders Relieved
On South Korean cryptocurrency exchanges, each trader or investor is provided with a virtual bank account which can be used to deposit or withdraw large amounts of fiat money, or Korean won. Virtual bank accounts allow traders to execute fiat-to-cryptocurrency trades eff
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