Tag: kbank
More than 70% of Korea’s KBank deposits tied to crypto exchange UpBit
Korean digital bank KBank has 70% of its deposits tied to cryptocurrency. The bank is majority-owned by telecoms firm KT. Upbit, the dominant Korean...
Korea Banks still wary of cryptocurrency partnership
Currently, three banks -- Shinhan, NH Nonghyup and K bank -- are in partnerships with the country’s four largest exchanges -- Upbit, Bithumb, Coinone...
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₩100 Trillion in Crypto Flows Overseas — “Capital Outflow” Alarm Rings...
South Korea’s digital asset market is seeing unprecedented capital flight. According to the Financial Intelligence Unit (FIU), more than ₩101.6 trillion worth of cryptocurrencies...
