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PANews
PANews|May 18, 2026 05:37
[South Korea's FSC Reviewing Whether Hana Bank's Acquisition of Dunamu Shares Violates Regulatory Rules] According to iNews24, the South Korean Financial Services Commission (FSC) is reviewing whether Hana Bank's acquisition of Dunamu shares violates the regulatory rule of "separation between finance and virtual assets." The FSC's virtual asset division stated that Hana Bank indirectly holds equity in Dunamu through the acquisition of Kakao Investment shares, which essentially constitutes an investment in a virtual asset exchange and will be evaluated under the same standards. Since 2017, the South Korean government has prohibited financial institutions from holding or purchasing virtual assets or engaging in equity investments through administrative guidance. If this transaction is deemed a violation, Hana Bank may not be able to complete the deal. Meanwhile, Mirae Asset Consulting is advancing its acquisition of Kobit's operational rights, and Korea Investment & Securities is also adopting a cautious approach. Hana Bank previously announced its acquisition of a 6.55% stake in Dunamu but did not conduct prior consultations with the authorities.
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