FSC Reviews Hana Bank’s Dunamu Stake Under Bank-Crypto Separation Rules
South Korea’s Financial Services Commission is reviewing Hana Bank’s planned 6.55% stake in Dunamu, the operator of Upbit, after the bank announced the deal in mid-May. The investment, valued at roughly 1 trillion won, or about $668 million to $700 million, tests how far traditional banks can move into crypto infrastructure under Korea’s banking-commerce separation […]