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Shinhan Bank
Coinbase India Setback; Hong Kong’s Bitcoin ATMs
Coinbase’s India launch hits road bump. South Korea’s Shinhan bank sets precedent for corporate crypto accounts. Expert says Singapore still on track to become a global crypto hub. Hong Kong leads the way for Bitcoin ATMs in Asia, but is their future in doubt? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Banks Stablecoin Project, Watch for Fed Taper in 2022
Binance Asia Services takes an 18% stake in HG Exchange. Korea’s Shinhan Bank and South Africa’s Standard Bank show off stablecoin project. Fed tapering a potential crypto market catalyst in 2022. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Shinhan Bank and Standard Bank to Test Cross-Border Stablecoins on Hedera Network
A major South Korean, Shinhan Bank, and South Africa-based Standard Bank will issue stablecoins issued by their local currencies using the Hedera Network to facilitate money transfers worldwide. Hedera Hashgraph CEO Mance Harmon shares insights into the stablecoin solution, its possible impact on international remittances, and potential regulatory headwinds ahead.
Korea's First Bank Joins Messaging Giant Kakao's Blockchain Governance Council
Shinhan joins a number of existing council members including LG Electronics, Binance and Worldpay, among others.
South Korea's Shinhan Bank Builds Pilot Platform for Central Bank Digital Currency
The Seoul-based bank built the blockchain-based platform in preparation for a role as intermediary should a digital won be launched.
Shinhan Bank Teams With Kakao's GroundX for Blockchain Security Boost
One of the oldest and largest banks in South Korea has partnered with two fintech firms to build a new security system using blockchain tech.
Korea's Biggest Credit Card Firm Wins Patent for Blockchain Credit System
Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards.
South Korea's Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users
The bank plans to make it even harder to create anonymous crypto exchange accounts in South Korea.
South Korea's Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products.
Korea's Crypto Crackdown Talk Draws Backlash From Users and Politicians
South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.
