South Korean Crypto Exchange Korbit Introduces Shinhan Bank Identity Verification Service

South Korean crypto exchange Korbit announced the introduction of Shinhan Bank’s authentication service, which Korbit will use to apply multi-factor authentication (MFA) for identity authentication and deposits and withdrawals. Shinhan Sign, the identity verification service of Shinhan Bank, is certified by the Ministry of Science and ICT as the "Electronic Signature Authentication Business Operation Standard" by the Korean financial community, its compliance has been recognized, and it has been designated as an identity verification agency by the Korea Communications Commission.