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Nalezeno "shinhan": 35

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade


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...

HBAR Foundation shares how Shinhan Bank and SB Group used the network


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


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


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


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


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:...

Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round


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...

South Korean Bank Woori Financial to Offer Crypto Custody Services


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...

Samsung, Shinhan Card Workers ‘Quit Jobs after Making Crypto Fortunes’


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...

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