South Korea
South Korea fintech news: digital payments, internet banks, stablecoins, crypto regulation and Korea’s big tech financial platforms.
-
Hana Financial tests stablecoin payments and settlement with Upbit operator Dunamu
Hana Financial Group and Dunamu are testing real-time stablecoin payments and merchant settlement using customers’ Upbit wallets, ahead of Korea’s stablecoin rules.
-
Bank of Korea plans forex law change to treat stablecoins as payment instruments
South Korea’s central bank plans to draft a bill with the government this year amending the forex law to regulate stablecoins as a means of payment.
-
Shinhan Card and SBI to test yen stablecoin payments between Japan and Korea
Shinhan Card has signed an MOU with SBI XDC Network APAC and SBI VC Trade to explore yen stablecoin payments for in-store purchases and cross-border settlement.
The week in Asia fintech, every Friday
The top stories, why they matter, and the events coming up next week. Free.