Korea Federation of Banks (KFB) sought a licence from the new pro-crypto administration in order to provide digital assets. Shinhan Bank is one of the biggest banks in South Korea. Shinhan Bank is a...
Tag: Shinhan
Shinhan Financial’s U.S. Unit Ordered to Beef Up Money Laundering Oversight
A U.S. unit of South Korea’s Shinhan Financial Group has agreed to bolster the oversight of its anti-money-laundering program as part of a settlement with the Federal Deposit Insurance Corp. Shinhan B...
Shinhan -South Korea bank has become the first financial institution to issue cryptocurrency accounts
Shinhan Bank in South Korea has become the first local financial institution to provide cryptocurrency-related accounts. The bank granted corporate won accounts to the cryptocurrency trade site Korbit...
Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption
As the first domestic lender on South Korean soil, Shinhan Bank has rolled out real-name corporate accounts to enable transactions from cash to crypto-based on its partnership with cryptocurrency exch...