KB Kookmin Card joins Mastercard Crypto Partner Program

KB Kookmin Card became the first and only Korean company in Mastercard's global Crypto Partner Program, which links the blockchain ecosystem with payment networks. The bank is studying integrating the Coinbase blockchain wallet with KB Pay, testing authorization, settlement, cancellation and refunds.

• KB Kookmin Card is the first Korean member of Mastercard's Crypto Partner Program
• Plans to link the Coinbase blockchain wallet to KB Pay payments
• Will test the full cycle: authorization, settlement, cancellation and refunds
• Project aligns with Korea's stablecoin regulation discussions