Search
Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade
1.9.2024
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...
Hands-On With Star Wars Outlaws, Weighing In On Dragon Age Discourse, And More Takes For The Week
15.6.2024
With Kotaku in attendance at last week’s Summer Game Fest, we got to go hands-on with some of the biggest games on the horizon. Read on for our impressions of Star Wars Outlaws, Horizon Lego Adventures, and the delightful-looking Astro Bot, among other games. We’ve also got an early look at one...
HBAR Foundation shares how Shinhan Bank and SB Group used the network
12.4.2024
HBAR Foundation has shared insights about how Shinhan Bank and Standard Bank Group leveraged their capabilities to drive the pilots of stablecoin. The Foundation is majorly known for hosting the Hedera Governing Council. The Council’s core functions include network governance, node...
Tributes Pour In After Dragon Ball Creator Akira Toriyama’s Passing
8.3.2024
Late last night, the world discovered that it lost one of its giants. Akira Toriyama, the creator of the Dragon Ball series and renowned character designer on games such as Chrono Trigger and Dragon Quest, passed away at 68 from a subdural hematoma on March 1. In the time since his passing...
Stable coin remittance success: Shinhan & SCB TechX on Hedera
31.7.2023
Shinhan Bank, Taiwan, and SCB TechX’s leading financial institution have achieved an impressive demonstration of technological innovation and financial collaboration by publicly completing a PoC pilot on the open-source Hedera network for stablecoin remittances. Let’s explore...
Shinhan Bank and SCB TechX conclude stablecoin remittances on Hedera
19.7.2023
Blockchain technology is gaining traction. Making this evident is the recent incident of Shinhan Bank and SCB TechX successfully completing the stablecoin remittance. The task was achieved on the Hedera Network, which is known for being an open-source public network. Specifically speaking, the task...
Hedera Network Powers Shinhan Bank's Successful Test of Stablecoin Payments
19.7.2023
The South Korean commercial banking giant Shinhan Bank completed an EMV-compatible feasibility test for stablecoin remittance payments on the Hedera network.
According to the press release, the pilot included SCB TechX, Siam Commercial Bank's technology innovation business unit....
Read More:...
South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners
18.7.2023
The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real time in its second stablecoin pilot project
Today in Crypto: Shinhan Bank Tests Stablecoin Payments on Hedera Network, Marathon Shareholders File Lawsuit Against CEO & Top Execs, Cronos Partners with Ubisoft
18.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Shinhan Bank Tests Stablecoin Payments on Hedera Network, Marathon Shareholders File Lawsuit Against CEO...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round
5.11.2022
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was part of a $46 million investment round, that also saw the participation of two more companies: Shinhan...
Korean regulators investigate banks over $6.5B tied to Kimchi premium
16.8.2022
South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges
South Korean Banks May Be in Trouble as Regulator Probes Kimchi Premium Bitcoin ‘Irregularities’
4.8.2022
South Korean banks could find themselves in the firing line after the government, media outlets, and regulators stepped up the scrutiny of the banks' role in enabling kimchi premium traders to make fast money when trading volumes rise....
Read More: South Korean Banks May Be in Trouble as Regulator...
Dragon Ball FighterZ Player Has Awesome Anime Comeback That Would Make Goku Proud
11.7.2022
Over the weekend, life imitated art in the grandest way imaginable at a fighting game tournament and folks, it’s a tear-jerker.Read more
South Korean Bank Shinhan Launches Nation’s First Corporate Crypto-Fiat Account
9.4.2022
The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client.
ZDNet Korea reported that on April 7, the bank created a corporate fiat KRW account exclusively for cryptoasset transactions to the crypto exchange...
Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot
30.11.2021
A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments
South Korean Bank Woori Financial to Offer Crypto Custody Services
13.7.2021
Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the third bank entering the market in the country, after...
South Korean Shinhan Bank joins Klaytn’s blockchain governance council
5.7.2021
Apart from participating in the co-governance process of Klaytn, Shinhan Bank will also be involved in the development of Klaytn-based digital services
Samsung, Shinhan Card Workers ‘Quit Jobs after Making Crypto Fortunes’
22.4.2021
Source: Adobe/S_E
The South Korean mainstream media has found a new subject du jour – crypto. And all of today’s major newspapers carried reports on crypto fever 2.0, a wave of investment that has seen bitcoin (BTC) and altcoin buying go through the roof, eclipsing even the situation in late 2017...
South Korea's largest bank joins Hedera Governing Council
14.4.2021
Shinhan Bank plans to use Hedera’s infrastructure to bolster the efficiency of many of its internal processes
South Korean Shinhan Bank pilots digital currency platform with LG CNS
10.3.2021
South Korean commercial bank Shinhan Bank has built a digital won pilot platform in collaboration with LG CNS