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Crypto

Foblgate rolls out internal control training to prevent financial incidents

Foblgate said it held practical training on strengthening internal controls for all employees at its headquarters in Seoul on Feb. 25 to prevent financial incidents and protect client assets. It said the training focused on upgrading its client asset protection system and establishing stricter internal guidelines beyond compliance with the Virtual Asset User Protection Act. The company also reinforced cold wallet management, clarified security rules and strengthened escalation procedures.

People & Appointments

K Bank launches small merchants hope bridge project with Small Merchants Hope Foundation

K Bank is launching a corporate social responsibility programme to support small business owners and vulnerable groups. The bank said on Feb. 26 it delivered a donation of 66 million won to the Small Merchants Hope Foundation to promote the “Small Merchants Hope Bridge Project.” The project, run with the foundation and the Impact Business Foundation, links sales channel expansion for small merchants with supplying goods needed by support agencies.