One of South Korea's largest banks, Woori Bank, will partner with blockchain solutions provider and bitcoin exchange Coinplug to offer cryptocurrency storage to customers. This was reported by Korea Economic Daily.
The partner will take a majority stake in the joint venture, D-Custody. According to the publication's sources, the service will launch next week.
Woori Bank will follow rivals KB Kookmin, Shinhan Bank and Nonghyup Bank, which have previously implemented similar initiatives.
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