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[Balint098]

As per Cointelegraph, Woori and Shinhan banks of South Kore have just announced their intention to offer crypto-based services. These two banks are among the country's top five banks, and the third and fourth that intend to offer crypto-related services in the country. This shows the growing interest and acceptance of crypto in the country. Both banks announced this intention after the South Korean government amended the law that regulate crypto regulation in the country. They both intend to offer services where investors can store and let the banks manage their crypto.

 

[Ewogboka]

This is very good development , what most of us predicted about banks diversifying to become exchangers and macro wallet is becoming a reality.

 

[Josemendez]

This is good and I believed that it came as a result of the cryptocurrency law that was amended in the country. I hope that other banks of other countries follows this great step

 

[SCAMEXPOSER]

This is welcoming and the bigger hope for Crypto currencies, I can count like 5 to 7 banks that has adopted ripple already for their digital payment solution these are progressive.

 

[Josemendez]

This is welcoming and the bigger hope for Crypto currencies, I can count like 5 to 7 banks that has adopted ripple already for their digital payment solution these are progressive.

Are these said banks in African countries or other continent? , I do hope for African countries especially Nigeria to allow banks accept cryptocurrency transaction.

 

[Vladv26]

It's good to see that banks finally start using cryptocurrencies to their advantage. Most banks think cryptocurrencies are going to make life harder for them when in fact it's the exact opposite

 

[Ewogboka]

Adoption of Crypto currencies by some banks now will making activities less tedious because most people don't need to visit bank for their transactions just once in a while for other purposes.

 

[Brain]

Are these said banks in African countries or other continent? , I do hope for African countries especially Nigeria to allow banks accept cryptocurrency transaction.

Same here I'm looking forward to when nigerian banks will start allowing transaction even in high volume in crypto currency. It will be good to have this change

 

[BullyMaguire]

Wish it happened anywhere for a real cashless transactions. Hope they think of a way to atleast make the transactions fees a bit lower so it doesn't hurt to use.

 

[Wisdom01]

This is really good and i am very sure that most people would want to use the bank to store their crypto currency since they feel its regulated

 

[Josemendez]

This is really good and i am very sure that most people would want to use the bank to store their crypto currency since they feel its regulated

I think they will prefer bank because it will be safer there ,and even when anything happens to it , the bank will be held responsible for it .

 

[Wisdom01]

I think they will prefer bank because it will be safer there ,and even when anything happens to it , the bank will be held responsible for it .

Yeah and not like online site that people use for storing crypto currency and it can go offline at anytime , and people would lose a lot of cash