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BTCC / BTCC Square / Global Cryptocurrency /
South Korean Banks Accelerate Crypto and Stablecoin Initiatives

South Korean Banks Accelerate Crypto and Stablecoin Initiatives

Author:
Global Cryptocurrency
Published:
2025-08-04 04:42:01
17
2
BTCCSquare news:

South Korea's largest financial institutions are making strategic moves into digital assets. Shinhan, Woori, KEB Hana, and KB Kookmin banks have established dedicated crypto divisions, signaling institutional adoption at scale. These teams are developing custody solutions, stablecoin infrastructure, and blockchain partnerships.

Woori Bank exemplifies this trend with its newly formed Digital Asset Team. The institution is reviving a shelved custody project through a blockchain startup partnership while preparing a stablecoin consortium. KB Kookmin Bank's Digital Asset Response Council coordinates crypto strategy across its financial group affiliates, positioning for regulatory changes.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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