South Korea FSC Reportedly Reviews Hana Bank Dunamu Stake

Cointelegraph Staff

(10:54 AM UTC)

1 min read

South Korea’s financial regulator is reportedly reviewing Hana Bank’s planned $668 million purchase of a 6.55% stake in Dunamu, the operator of the largest domestic cryptocurrency exchange, Upbit.

Local outlet iNews24 cited an unnamed Financial Services Commission official to report that regulators are examining whether Hana Bank's share purchase from Kakao Investment, rather than directly from…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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