South Korea
Digital Asset
KB Kookmin Bank Signs MOU with BNY (Bank of New York Mellon) on Digital Asset Settlement
- KB Kookmin Bank and BNY (Bank of New York Mellon) signed the MOU on September 28, 2026, at SIBOS 2026 in Miami Beach, Florida.
- Participants included Baek Ki-hyun, Head of KB Kookmin Bank's Foreign Exchange Business Division, and Jennifer Barker, BNY's Global Head of Payments and Trade Finance.
- The partnership aims to proactively respond to the digital transformation trend in global financial markets by developing innovative cross-border digital asset payment and remittance solutions.