🇰🇷 South Korea’s second-largest bank invested in a crypto exchange and shook up the market

A new cryptocurrency exchange called Gopax entered the local market in early 2018 with significant hype, mostly due to the backing of Shinhan Bank — the country’s second largest commercial bank. The recognition of the potential of digital assets by a major commercial bank helped many investors in the local market to develop an awareness of cryptocurrencies and actual use cases of public blockchain networks.

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