KB Bank to launch South Korea’s first crypto investment fund By Cointelegraph



Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors.

KB announced on Monday that it had formed a Digital Asset Management Preparatory Committee to determine product and strategy capabilities regarding digital assets and artificial intelligence investment funds. The bank expects to launch crypto exchange-traded funds (ETF) and futures products. The committee will also assess risk and compliance issues for the investment funds.