Calls for multiple banks per crypto exchange resurface in South Korea

Calls are resurfacing to ease the 'one exchange-one bank' shadow regulation governing real-name account partnerships between digital asset exchanges and banks, Edaily reported. According to industry sources, the renewed push comes ahead of the planned opening of the digital asset market to corporate participants in the second half of the year. Banks not currently partnered with won-denominated exchanges, including BNK Busan Bank, iM Bank, NH Nonghyup Bank, and Woori Bank, have reportedly been in contact with virtual asset exchange officials to explore potential tie-ups. Some are also raising the possibility of linking exchange accounts with securities firms, in addition to allowing multiple banking partners.