Hana Bank's Dunamu Stake Faces Regulatory Scrutiny

Articles · 3

• Cointelegraph5/18/2026, 10:54:04 AM
  South Korea reviews Hana Bank’s Dunamu stake under banking rules: Report

  South Korea's Financial Services Commission (FSC) is reportedly reviewing Hana Bank's $668 million stake in Dunamu, the operator of the Upbit crypto exchange, under "banking-commerce separation" rules. These regulations limit the extent to which banks can hold ownership stakes in commercial or crypto-related firms. The review could potentially force Hana Bank to divest or reduce its Dunamu position if regulators determine the stake violates the rules.

  Sentiment -0.30Sim 90%
• CoinDesk5/15/2026, 10:24:37 AM
  Hana Bank to acquire $670 million stake in Upbit operator Dunamu

  Hana Bank has announced plans to acquire a $670 million stake in Dunamu, the South Korean company that operates cryptocurrency exchange Upbit. The deal marks a significant move by a major traditional Korean bank into the digital asset exchange sector. No further terms or timeline for closing were disclosed in the report.

  Sentiment 0.60Sim 96%
• Cointelegraph5/15/2026, 9:16:37 AM
  Hana Financial to acquire 6.55% stake in Upbit operator Dunamu for $668M

  Hana Financial Group has agreed to acquire a 6.55% stake in Dunamu, the operator of South Korean crypto exchange Upbit, for $668 million. The deal will make Hana Financial the fourth-largest shareholder in Dunamu. This transaction is part of a broader push by Hana Financial into the digital assets sector, following several crypto-related deals over the past two months.

  Sentiment 0.60Sim 94%