Gopax, a domestic cryptocurrency exchange, has signed a real-name account contract with Jeonbuk Bank. Accordingly, it is expected to operate the 5th coin won market after Upbit, Bithumb, Coinone, and Korbit.
On the 15th, Streamy, the operator of Gopax, announced that it had completed a real-name verification deposit and withdrawal account service contract with Jeonbuk Bank and received a confirmation of issuance.
An official from Gopax said, “This is the result of Jeonbuk Bank’s recognition of its security capabilities (ISMS information security certification acquisition, information security disclosure commendation), etc.” “We will provide reliable services together with commercial banks.”
In accordance with the enforcement of the Act on the Reporting and Use of Specific Financial Transaction Information (Special Act) amended in September last year, Gopax stopped operating the KRW market to report it as a virtual asset operator. Currently, Gopax only supports Bitcoin-oriented cryptocurrency transactions (Bitcoin Market).
An official from Gopax emphasized, “We will work hard to create a safer and more convenient cryptocurrency trading environment with Jeonbuk Bank.”
Streamy, established in 2015, launched GoPax, a cryptocurrency exchange, in November 2017 to improve the infrastructure of the domestic cryptocurrency trading market. Gopax has been at the forefront of development of various cryptocurrency-based financial products, such as launching a cryptocurrency deposit service ‘GoPai’.
In May of last year, it attracted attention by attracting strategic investment from US venture capital Digital Currency Group (DCG). Streamy is the first company in the world where DCG has made a strategic investment. DCG is currently the second largest shareholder of Streamy.
