Hyundai Motor Group’s securities arm has extended its partnership with the South Korean crypto exchange Bithumb – and will allow its app users to access real-time crypto markets data.
In an official announcement, Hyundai Motor Securities, one of South Korea’s biggest securities providers, explained that it will add info on its customers’ crypto holdings to its MyData asset management platform.
MyData is a much-hyped new service in the South Korean financial sector. The service comprises government-regulated platforms that allow individuals to view all of their assets and liabilities on a single platform. This means that even if customers have accounts at multiple banks, in addition to stocks – and now crypto – they will be able to view them all at once via such a platform.
Only a few licensed business operators in the financial sector are allowed to offer MyData services, which are monitored by the regulatory Financial Services Commission.
Hyundai Motor Securities’ own MyData...
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