Dunamu
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techUpbit and Samsung Deny Active Roles in Open USD Stablecoin Project
South Korean firms named in the Open USD initiative, including Upbit and Samsung, are clarifying they only expressed preliminary interest, not formal participation.
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financeKiwoom Securities Eyes Bithumb Stake in Korea’s Crypto Expansion
South Korean brokerage Kiwoom Securities is reportedly in talks to acquire a stake in crypto exchange Bithumb, intensifying traditional finance's push into digital assets.
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cryptoHana Financial Acquires 6.55% Stake in Upbit Operator Dunamu for $668 Million
South Korean financial giant Hana Financial buys a $668 million stake in Dunamu, operator of crypto exchange Upbit, marking a major institutional push into digital assets.
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cryptoUpbit Operator Dunamu Taps Optimism Foundation to Build GIWA Chain
Dunamu partners with Optimism Foundation to launch GIWA Chain, a self-managed Ethereum L2 for Upbit.
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cryptoBithumb Delays IPO Until After 2028 Amid Regulatory Scrutiny
South Korea's Bithumb crypto exchange postpones IPO beyond 2028, strengthening internal controls after fines and operational errors. CEO Lee Jae-won reappointed.
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cryptoSouth Korea Fines Bithumb $24M Over Money Laundering Violations
South Korea’s Financial Intelligence Unit fines Bithumb $24.6 million and imposes a six-month partial suspension for widespread AML failures.