Woori Bank begins displaying bitcoin prices in main dealing room
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Woori Bank said Friday that it has begun displaying bitcoin prices in its main dealing room in Seoul, alongside won-dollar exchange rates and stock market data. This marks the first time a commercial bank in Korea has displayed a cryptocurrency price in its dealing room, where frontline trading of foreign exchange, bonds and derivatives takes place. "As digital assets continue to grow in prominence and influence in global financial markets, we determined that they should be monitored as a key indicator to better read overall market trends," a Woori Bank official said. Banks have recently been looking beyond the traditional boundaries of finance as they explore opportunities in the digital asset space. A prominent example is Hana Financial Group, which signed an agreement with Dunamu on Wednesday to introduce blockchain technology to services such as overseas remittances. Woori Bank, although it has yet to partner with a cryptocurrency exchange, is also signaling its intention to move into the digital asset market. Company CEO Jung Jin-wan said in October that "new opportunities will emerWeiter zum vollständigen Artikel bei Korea Times
Quelle: Korea Times