Choi Jong-Ku, commissioner of the Financial Services Commission of South Korea, has confirmed that there are no obstacles for national banks to provide their clients with virtual accounts that could be used on cryptocurrency exchange markets!
In early 2018, the South Korean government discouraged banks from supporting crypto exchanges in any way. However, the statement made by commissioner Choi aims to restore the cooperations between banks and exchange markets.
Thanks to this – e-currencies in South Korea will be able to expand at an even faster rate!