South Korea’s Kookmin Bank Plans To Begin Offering Cryptocurrency Investment Products To Investors

Kookmin Bank is moving towards turning into the initial bank throughout South Africa to provide the investors with the products related to crypto investments. On 21st February, the bank declared to have had constructed a Digital Asset Management Preparatory Committee that would determine the strategy and product capabilities dealing with crypto assets as well as the funds associated with artificial intelligence.

The respective bank anticipates starting crypto ETFs (exchange-traded funds) along with futures-based products. The committee will additionally evaluate the issues related to compliance and hazards management in the case of the investment funds.

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