Large commercial, Shinhan Bank from South Korea began testing a bitcoin vault and cryptocotyle, which will soon be able to use all of its clients. When running, Shinhan will become the first commercial Bank in the world to propose something like that — its customers will be able to have a cryptocurrency account, thus affecting the popularity of cryptocurrencies in the country, because Shinhan is the second largest commercial Bank in the country.
The Bank’s representatives are confident that the service will be successful, because cryptobranchidae and withdrawal from it in Shinhan intend to provide free of charge.
South Korea’s interest in cryptocurrencies is growing constantly, therefore, Shinhan Bank decided not to wait, starting these services before others and begin to operate with cryptocurrency exchanges in South Korea, such as Bithumb, Coinone and Korbit.
Earlier, the South Korean government promised not to impose strict rules governing the extraction and storage of cryptocurrency, and it can also be considered one of the factors that influenced the adoption of this decision by the leadership Shinhan.
Shinhan Bank will allow customers to keep their savings in the cryptocurrency
Vyacheslav Larionov