Hana Financial Group is partnering with Dunamu, operator of Upbit, to introduce blockchain-based foreign exchange and remittance services, aiming to reduce costs and processing times while preparing for the institutionalization of digital assets in South Korea.
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https://en.infomaxai.com/news/articleView.html?idxno=93971
Toss Bank will launch an overseas remittance service in January, enabling direct transfers to major foreign banks and expanding its global financial platform capabilities.
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https://en.infomaxai.com/news/articleView.html?idxno=93414
'Toss Bank to Launch Overseas Remittance Service in January—Direct Transfers to Foreign Banks Now Possible'

Toss Bank will launch an overseas remittance service in January, enabling direct transfers to major foreign banks and expanding its global financial platform capabilities.

Yonhap Infomax
South Korea's Ministry of Economy and Finance will launch an integrated system in January to close regulatory loopholes in overseas remittances by fintech, card, and securities firms, aiming to curb excessive foreign exchange outflows and enhance real-time monitoring of split transactions.
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#OverseasRemittance #MinistryOfEconomyAndFinance #Fintech #ForeignExchangeOutflows #ORIS
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86162