Woori Bank Archives

Woori Bank

4 June, 2024

South Korea’s Nonghyup and Woori advance tokenization projects

Nonghyup received a billion won from the Korea Internet & Security Agency to build a tokenization platform, while Woori applied...

South Korea: Major banks team up to create security token after greenlight from financial regulator

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Wahid Pessarlay

25 June, 2023

South Korea: Major banks team up to create security token after greenlight from financial regulator

The alliance headed by NongHyup Bank plans to launch a platform for issuing token securities in the coming months, as...

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions

Business

Wahid Pessarlay

19 August, 2022

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions

South Korea's regulatory board is eyeing sanctions against financial institutions linked to illicit forex transactions to safeguard its digital assets...

South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions

Business

Wahid Pessarlay

30 July, 2022

South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions

The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5...

South Korea: 2 banks face probe over failure to report digital currency trading gains

Business

Wahid Pessarlay

29 July, 2022

South Korea: 2 banks face probe over failure to report digital currency trading gains

The remittances sent abroad are worth over KRW2 trillion and were said to have been made by trading the Kimchi...

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Wahid Pessarlay

22 Nov 2024

Woori Bank

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