BDACS has started offering custody support for XRP, allowing institutions to securely manage their assets using Ripple Custody. This move marks a significant step following Ripple’s partnership with BDACS and aims to provide access to regulated digital assets.
The growing interest in cryptocurrency among South Koreans is evident, with institutions seeking compliance solutions to engage with assets like XRP. BDACS’s facilitation of XRP transactions through major exchanges indicates a promising direction for crypto adoption in the region.
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