Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » South Korea’s KB Kookmin Bank To Roll Out Crypto Custodial Service

South Korea’s KB Kookmin Bank To Roll Out Crypto Custodial Service

Kelly Cromley by Kelly Cromley
Mar 28, 2020
in Market News, News
Reading Time: 1 min read
0

South Korea’s KB Kookmin Bank intends to roll out a cryptocurrency custody facility in the weeks ahead.

As per news reports by Digital Today, the bank has submitted a trademark application for KBDAC, pointing to a suggested Digital Asset custody subsidiary, in the final week of January 2020.

In the formal application submitted to the Korean Intellectual Property Office, the bank has mentioned its wish to trademark KBDAC in more than 20 provinces, all related to the crypto sector.

These include buying and selling of cryptos, administration of digital assets such as Bitcoin (BTC) and Ether (ETH), and offering consultancy. It also mentions digital asset custody, trades and settlement with fiat currency.

The array of sectors covered has given rise to speculation KB Kookmin Bank is planning to establish a subsidiary to offer financial products and services related to cryptocurrencies.

The Digital Assets Custody link leads to the list of intended services. Based on earlier trademark applications by the bank, it is anticipated that the new entity could be rolled out in the first half of 2020.

Last June KB Kookmin Bank collaborated with Atomrigs Labs to study digital asset administration and safety solutions. KB Kookmin Bank has been actively involved in blockchain related endeavors.

In October 2019, the bank listed the benefits blockchain technology could offer to financial services sector and its plan to incorporate the technical advancement in its in-house systems.

Previous Post

World Chess To Employ Blockchain for Preventing Fraud in Competitions

Next Post

World Health Organization Rolls Out Blockchain Platform to Battle COVID-19

Related Posts

hedera-partners-with-binary-holdings

Hedera Teams Up with The Binary Holdings for Southeast Asia Push

by Kelly Cromley
Jun 19, 2025
0

The Hedera Foundation has announced a significant partnership with The Binary Holdings, a leading Web3 distribution infrastructure firm, to bring...

zerohash-supports-polkadot-assets

Zerohash Expands Support for Polkadot-Based Assets

by Kelly Cromley
Jun 19, 2025
0

Zerohash, a prominent infrastructure provider in the digital asset space, has officially announced the extension of its platform capabilities to...

fc-barcelona-unveils-web3-wallet-barca-pass

FC Barcelona Unveils Web3 Wallet Barça Pass to Elevate Global Fan Engagement

by Kelly Cromley
Jun 19, 2025
0

FC Barcelona has launched its first official Web3 wallet, known as Barça Pass, marking a significant step in integrating blockchain...

antix-partners-with-gain-ventures-to-accelerate-web3-growth

Antix and Gain Ventures Join Forces to Accelerate Web3 Growth

by Kelly Cromley
Jun 19, 2025
0

Aiming to shape the next wave of innovation in decentralized technology, Antix has unveiled a new strategic partnership with Gain...

trusty-blockchain-platform-for-agri-food-supply-chain-tracking

Blockchain Boosts Cocoa Traceability Amid EU Sustainability Push

by Kelly Cromley
Jun 19, 2025
0

In response to the mounting regulatory pressures within the European Union, particularly around sustainability and deforestation, a Bologna-based startup named...

Ford Employs Blockchain Tech to Trace ‘Green Miles’ Run By Vehicles

Ford Explores Blockchain Advisory Role with Cardano-Based Lagon

by Kelly Cromley
Jun 19, 2025
0

Ford Motor Company has revealed its involvement as an advisor to Lagon, a decentralized cloud service built on the Cardano...

Next Post
World Health Organization Rolls Out Blockchain Platform to Battle COVID-19

World Health Organization Rolls Out Blockchain Platform to Battle COVID-19

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

hedera-partners-with-binary-holdings
Market News

Hedera Teams Up with The Binary Holdings for Southeast Asia Push

by Kelly Cromley
Jun 19, 2025
zerohash-supports-polkadot-assets
Market News

Zerohash Expands Support for Polkadot-Based Assets

by Kelly Cromley
Jun 19, 2025
fc-barcelona-unveils-web3-wallet-barca-pass
Market News

FC Barcelona Unveils Web3 Wallet Barça Pass to Elevate Global Fan Engagement

by Kelly Cromley
Jun 19, 2025
antix-partners-with-gain-ventures-to-accelerate-web3-growth
Market News

Antix and Gain Ventures Join Forces to Accelerate Web3 Growth

by Kelly Cromley
Jun 19, 2025
trusty-blockchain-platform-for-agri-food-supply-chain-tracking
Market News

Blockchain Boosts Cocoa Traceability Amid EU Sustainability Push

by Kelly Cromley
Jun 19, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree