Korean Banks News

South Korean banks are under investigation for their role in facilitating $6.5 billion in suspicious overseas remittances that have been linked to firms arbitraging cryptocurrencies. Korean Banks Probed for $6.5 Billion in Suspicious Transactions According to a report published on…

Korean banks are conflicted on whether to extend alliances with local cryptocurrency exchanges amid the strict financial regulations. Financial Information Act Implementation For the time being, three Korean commercial lenders – Shinhan, NongHyup, and K bank – have formed partnerships…