Hana Bank has signed an agreement with Upbit Global to develop Travel Rule infrastructure for digital asset transfers, extending its work with South Korea’s crypto sector into transaction compliance and transfer technology.
Summary
- Hana Bank and Upbit Global will jointly develop and test Travel Rule infrastructure for secure digital asset transfers and regulatory compliance.
- The partnership will examine sender and recipient verification, secure information transmission and links between banks and virtual asset service providers.
- Upbit Global will bring technology from its VerifyVASP Travel Rule solution, while Hana Bank plans to draw on its foreign exchange, payments and…
