South Korea Renews Calls to Ease One Exchange-One Bank Rule Ahead of Corporate Crypto Market Access

Calls in South Korea have resurfaced to relax the one exchange-one bank rule governing real-name accounts for cryptocurrency exchanges. According to NS3.AI, the renewed push comes ahead of a planned opening of the digital asset market to corporate participants in the second half of the year. Industry sources said several banks have recently approached virtual asset exchanges to discuss potential partnerships. BNK Busan Bank, iM Bank, NH Nonghyup Bank, and Woori Bank were reported to have contacted exchange officials about possible tie-ups.