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Finance

Hana Bank launches 5.5 percent mid-rate loan for mid-to-low credit borrowers

Hana Bank launched an online-only mid-rate unsecured loan aimed at improving access to finance for mid-to-low credit borrowers. The product applies a fixed annual interest rate of 5.5 percent and offers a maximum limit of 10 million won, targeting customers in the bottom 50 percent of personal credit scores. Hana Bank plans to supply 2 trillion won of the loans and said the design helps borrowers plan repayments without rate volatility.

Crypto

Bitso expands cooperation with Ripple, launches peso-pegged stablecoin MXNB on XRP Ledger

Bitso will issue the Mexican peso-pegged stablecoin MXNB on the XRP Ledger and use it with Ripple’s RLUSD stablecoin for corporate cross-border settlement between the United States and Mexico. The move extends the companies’ payments cooperation in Latin America onto an XRP Ledger-based framework. MXNB will link to Ripple DEX-based payments infrastructure and integrate with a permissioned XRP Ledger DEX accessible only to verified participants.

Finance

Mitos puts financial security to the test as network separation easing begins

Single-stock leveraged ETFs and ETNs tied to Samsung Electronics and SK Hynix sharpened semiconductor concentration in South Korea\'s stock market, with first-day turnover topping 10 trillion won. Regulators warned investors about amplified losses. Financial firms also stepped up responses to AI-driven cyber threats as the emergence of high-performance AI \"Mitos\" raised concerns about more sophisticated hacking, prompting authorities to review easing and possible full removal of network separation rules.