Bitcoin to be tested for digital wallets at South Korean bank

Shinhan Bank is in the process of selecting a company to test a bitcoin vault and wallet platforms. Subject to the regulator

HONG KONG: Bitcoin may be about to take another step toward mainstream acceptance as South Korea’s biggest bank by assets prepares to embrace the cryptocurrency.

Shinhan Bank is in the process of selecting a company to test a bitcoin vault and wallet platforms. Subject to the regulator’s approval, the service is likely to be launched by mid-2018, said an official at the lender who asked not to be named due to company policy.