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Crypto

Russian state bank Sberbank steps up crypto trading infrastructure, aims for Dec. 1

Russia\'s largest bank Sberbank plans to build cryptocurrency trading infrastructure by Dec. 1, including a digital depository for recording ownership and processing most transactions off the main blockchain. It also plans to operate active wallets for deposits, withdrawals and transfers. The move comes as Russia advances a comprehensive legal framework for crypto markets, setting supervision by the central bank, eligibility thresholds and regulated participant categories. The EU and Britain have tightened sanctions, including on exchange HTX.

Crypto

Danal joins science ministry project to expand deposit token payment infrastructure

Danal will build online and offline payment infrastructure based on deposit tokens in connection with the Bank of Korea’s central bank digital currency pilot, Project Hangang. The company aims to use existing payment networks to reduce merchants’ system-building burden while improving settlement cycles and payment fees. Danal was selected to join a 2026 blockchain innovation project led by the Ministry of Science and ICT and the Korea Internet & Security Agency.

Crypto

NHN KCP joins Project Hangang phase 2 with Shinhan Bank

NHN KCP will join Shinhan Bank in the second phase of the Bank of Korea\'s central bank digital currency pilot, Project Hangang. The companies plan to expand deposit token payment testing to convenience stores, hypermarkets and online malls using NHN KCP\'s online and offline merchant network. Merchants can add deposit token payments through existing NHN KCP infrastructure without replacing terminals or overhauling systems, as Shinhan Bank rolls out services and collects usage data.