Search results for Project Hangang
Finance
Deposit tokens push into payment networks, accelerate capital market overhaul
Deposit-token trials are spreading from payment gateways and merchant networks to cross-border payments, shifting the commercialisation race from issuance to where tokens can be used. Payment and settlement at the same time could cut small merchants’ fees and settlement periods. Inclusive finance is expanding by borrower type as banks tailor products and fintechs support fees. Regulators are weighing tighter limits on single-stock leveraged products. Market reforms also tighten scrutiny of duplicate listings and low-PBR firms.
Finance
Toss Payments joins pilot for deposit token payment infrastructure
Toss Payments, the payment gateway unit of Viva Republica, is taking part in a private pilot to connect deposit tokens to existing payment networks. The company plans to build infrastructure that supports deposit token payments without merchants replacing terminals or developing separate systems. Toss Payments said it was selected as the preferred bidder for a project under the Blockchain Innovation Leading Project led by the Ministry of Science and ICT and the Korea Internet & Security Agency.
Finance
KB Kookmin Bank validates deposit token payments with Japan\'s MUFG Bank
KB Kookmin Bank has completed a validation of cross-border payment scenarios using foreign-currency-based deposit tokens with Japan\'s MUFG Bank. It said this was the first time a South Korean commercial bank has tested deposit token payments with an overseas bank. The bank said it carried out the work as part of Project Agora, a global cooperation initiative jointly promoted by the Bank for International Settlements and the Institute of International Finance.
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Crypto
U.S. crypto \'Clarity\' bill faces last-minute hurdles as Korean financial firms step up digital asset push
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Crypto
Danal joins science ministry project to expand deposit token payment infrastructure
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Crypto
NHN KCP joins Project Hangang phase 2 with Shinhan Bank
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Crypto
KB Kookmin Bank joins deposit token-based payment infrastructure expansion project
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Crypto
Government steps up blockchain-based deposit token payment infrastructure rollout
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Crypto
Aton wins KB Kookmin Bank Project Hangang phase 2 contract
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Finance
Korean commercial banks join BIS \'Project Agora\' to verify deposit token payment system
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Crypto
Stablecoin war opens as South Korea weighs options against dollar dominance
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Crypto
Tether files trademark applications for name and logo in South Korea
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Crypto
Stablecoin land grab intensifies as banks and fintech form alliances
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Crypto
Stablecoins gain momentum as battle for digital payments ecosystem intensifies
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Crypto
Project Hangang accelerates as Circle eyes South Korea stablecoins
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Crypto
Bank of Korea steps up \'Project Hangang\' as it presses CBDC pilot
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Crypto
LG CNS joins phase 2 of Bank of Korea\'s Project Hangang to test deposit tokens
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Crypto
Hana Bank partners with Bank of Korea, BGF Retail to test digital payments at CU convenience stores