Bithumb Partners with NH NongHyup Bank to Offer Management Revenue on Virtual Asset Deposits
CryptoNewsTerminal Staff17 Jul, 2024
Bithumb Partners with NH NongHyup Bank to Offer Management Revenue on Virtual Asset Deposits
According to The Fact, NH NongHyup Bank has signed a "Virtual Asset Customer Deposit Management Agreement" with Bithumb Korea to pay management revenue on virtual asset deposits. The agreement aligns with the upcoming Virtual Asset User Protection Act, which takes effect on the 19th. This collaboration aims to enhance the safety and security of customer deposits while providing attractive returns. Bithumb and NH NongHyup Bank will work together to ensure that virtual assets are managed as safe assets, offering customers a reliable and profitable investment option.