Shinhan Bank was the first bank to issue corporates accounts that enables the transaction of virtual assets. Partner attorney Ohoon Kwon predicted that "because the transition team considers not only Digital Asset Fundamental Law but also virtual-asset-friendly policies, corporates will eventually be able to invest in virtual assets." Since Korea Blockchain Association have continuously suggested allowing virtual asset accounts to financial associations and the transition team of 20th president, it is considered that this decision reflects the imperatives of time. People are having high hopes on whether it would become possible for corporates to invest in virtual asset. [PinpointNews 2022.04.01.]
 

URL: Shinhan Bank Becomes the First Bank to Issue Virtual Account Asset