Not Just for Nerds Anymore
Hana and Dunamu are already BFFs in the blockchain sandbox, playing with the Giwa Chain. Earlier this year, they tested moving foreign currency transfers onto blockchain. Spoiler alert: it worked! In February, they basically cloned SWIFT’s payment system. Take that, traditional finance!
Then, in April, they roped in POSCO International for some commercial testing. Hana’s now on a mission to speed up foreign exchange settlements and cut down transaction delays. Because who has time for slow payments? Not Hana, that’s for sure.
Oh, and they’re also cooking up a won-based stablecoin. Because if you can’t beat ‘em, join ‘em-and then issue, pay, distribute, and circulate your own digital currency. Hana’s basically the Beyoncé of banking now.
Korea’s Crypto Rules: From “No Way” to “K-Way”
South Korea’s regulators have gone from “crypto? ew.” to “crypto? sure, why not?” Listed companies can now invest up to 5% of equity into digital assets. It’s like the financial version of a glow-up. Banks and fintech firms are now elbowing each other to get a piece of the blockchain pie.
Meanwhile, Dunamu’s Upbit is still the prom queen of Korea’s crypto scene, handling over 80% of domestic trading volume. Hana’s Chairman Ham Young-joo is all like, “We’re creating a K-blockchain ecosystem!” because everything’s better with a “K” in front of it.
“This is a strategic decision to accelerate digital asset-based financial innovation,” Ham said, probably while striking a power pose. “Together with Dunamu, we’ll make Korea’s digital asset industry the next K-pop sensation. Mic drop.”
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2026-05-15 08:54