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KEB Hana Bank, South Korea's second largest bank, will collaborate with BitGo to offer crypto custody services. This service will start in the second half of 2024. The collaboration aims to increase the global promotion of South Korea's digital assets. Hana Bank reported a profit of $2.4 billion last year. BitGo stated that they chose South Korea because of the positive regulations in the country, and also increased its market value to $ 1.75 billion by receiving an investment of $ 100 million.
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