Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services

Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related ServicesA major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services. Bank Expects to Offer Tech Capabilities to Face Defi-Related Hacking Risks According to inews24, the bank announced the investment in the […]

Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans

Fidelity Digital to Accept Bitcoin as Collateral for Cash LoansFidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds, crypto miners, and over-the-counter trading desks. According to a report that quotes Tom Jessop, the […]

The post Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans appeared first on Bitcoin News.