KB Bank to launch South Korea’s first crypto investment fund By Cointelegraph
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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.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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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.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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