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Finance

Small business credit scores to factor in sales, trading areas; 16 banks to apply 2.2 trillion won

A new credit scoring system for small business loan screening will start operating from late August, evaluating future growth potential using data such as sales, local trading areas, employment and online activity in addition to the owner’s past financial history. The scope will expand from 7 banks and 1.8 trillion won to 16 banks and 2.2 trillion won. Authorities also plan to use the model for a dedicated loan product and future guarantee reviews.

Crypto

Ripple infrastructure grows but XRP stays quiet as 2028 breakout scenario emerges

A technical outlook suggests XRP could remain in a long trading range until August 2028. U.Today reported that, based on Bollinger Bands, the XRP chart appears to repeat the 2022-2024 accumulation phase. The analysis says Ripple’s business expansion and XRP price may move separately. It cites weakening institutional demand for spot XRP ETFs, the launch of Ripple Mint for RLUSD, and U.S. regulatory uncertainty as factors limiting upside momentum.

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.