Hana Financial: "Cooperation with ITCEN Global on a stablecoin? That’s not true"

YM Lee

Summary

  • Hana Financial Group said reports claiming it signed an MOU with ITCEN Global for cooperation on the distribution of a won-denominated stablecoin are not true.
  • A Hana Financial official said that while the group is holding various discussions related to a stablecoin consortium, signing an MOU with ITCEN Global is not true.
  • Hana Financial said it is pursuing stablecoin-related businesses and is reviewing ways to build an ecosystem across issuance and distribution, including setting up a dedicated organization.

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Photo=Hana Financial Group
Photo=Hana Financial Group

Hana Financial Group has officially denied reports that it signed an MOU with ITCEN Global for stablecoin cooperation.

On the 25th, Hana Financial said the report claiming it had signed a memorandum of understanding (MOU) with ITCEN Global to cooperate on the distribution of a won-denominated stablecoin was not true.

A Hana Financial official told Bloomingbit, "It is true that we are holding various discussions related to a stablecoin consortium, but it is not true that we signed an MOU with ITCEN Global."

Hana Financial is currently pursuing stablecoin-related businesses and is reviewing ways to build an overall ecosystem covering issuance and distribution, including establishing a dedicated organization.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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