Kookmin Bank to launch crypto custody services for assets such as BTC and ETH

According to The Block, Kookmin, Korea's largest commercial bank, will launch crypto custody services for assets such as Bitcoin (BTC) and Ethereum (ETH). According to the Korean media "Today News", the Bank of Korea has submitted a "KBDAC" (KB Digital Asset Custody) trademark application to the Korean Intellectual Property Office, indicating that the bank will launch the service as soon as possible. According to previous reports, the National Bank of Korea announced in June 2019 that it plans to implement cryptocurrency custody services.