PiCK
Upbit·Hana Bank Partnership Preparation, Upbit Says "Not True"
- Upbit stated that the reports about conducting tests for a partnership with Hana Bank for KRW deposit and withdrawal accounts are not true.
- The Hana Bank certificate was added for customer convenience and is unrelated to the selection of a partner bank.
- They stated that there are no clear decisions regarding attracting corporate clients, so no separate preparations are being made.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Reports have emerged that the domestic virtual asset (cryptocurrency) exchange Upbit is conducting tests for a partnership with Hana Bank for KRW deposit and withdrawal accounts. However, Upbit has stated that this is not true.
On the 4th, an Upbit representative told Bloomingbit over the phone, "We have not conducted any technical integration tests for deposit and withdrawal account partnerships with Hana Bank," and added, "This is not true." Furthermore, regarding the addition of the Hana Bank certificate, they explained, "It was added as one of several authentication methods for customer convenience," and clarified that using the Hana Bank certificate is unrelated to the selection of a partner bank.
Additionally, they expressed their stance on preparations for attracting corporate clients. The Upbit representative stated, "There are no clear decisions made regarding the allowance of corporate accounts so far, so we are not making any separate preparations," and added, "We will prepare based on future guidelines when they are released."
Meanwhile, there have been reports that Upbit is conducting technical integration tests for a partnership with Hana Bank for KRW deposit and withdrawal accounts as part of its efforts to attract corporate clients.

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
Exchange Bitcoin Balance at 3-Year Low... "Potential Supply Shock"
8 minutes ago
"Solana-based DEX Volume to Surpass Ethereum for Four Consecutive Months"
1 hours ago
[Analysis] Citi: "Ethereum's Fundamentals Improved Despite 20% Drop This Year"
2 hours ago![[Analysis] Citi: "Ethereum's Fundamentals Improved Despite 20% Drop This Year"](https://media.bloomingbit.io/prod/news/adc6126b-bd54-4c83-9e1a-e6f1aefe0e81.webp)
Jeong Eun-bo, Chairman of Korea Exchange, "Will Discuss Introduction of Virtual Asset ETF with Authorities"
6 hours ago
Binance Sells Its Holdings of BTC and ETH, Reducing Volume by Over 90%
7 hours ago