Hana Bank and Upbit Global to develop Travel Rule infrastructure for digital assets
Crypto.News reported that Hana Bank and Upbit Global signed a memorandum to develop and test Travel Rule infrastructure linking banks with digital asset service providers.
Why it matters
Crypto.News reported a planned technical link between Hana Bank’s foreign exchange, payments and settlement infrastructure and Upbit Global’s Travel Rule technology. It described the work as development and testing, with no deployment date or agreement terms.
Key facts
Hana Bank and Upbit Global signed a memorandum of understanding for technical cooperation on digital asset transfers.
Reported by Crypto.News
The memorandum was signed at Hana Bank’s headquarters in Euljiro, Seoul.
Reported by Crypto.News
Hana Bank and Upbit Global will jointly develop and test Travel Rule infrastructure for digital asset transfers and regulatory compliance.
Reported by Crypto.News
The infrastructure will verify sender and recipient information, transmit required data securely and link banks with virtual asset service providers in South Korea and overseas.
Reported by Crypto.News
Upbit Global will bring technology from its VerifyVASP Travel Rule solution, which it already operates through its subsidiary VerifyVASP.
Reported by Crypto.News
Hana Bank plans to draw on its foreign exchange, payments and settlement infrastructure.
Reported by Crypto.News
Crypto.News gives no deployment date, testing schedule or agreement terms.
Reported by Crypto.News
What happened
Crypto.News, citing DigitalToday, reported that Hana Bank and Upbit Global signed a memorandum of understanding at Hana Bank’s headquarters in Euljiro, Seoul. The companies will jointly develop and test infrastructure that verifies sender and recipient information, transmits required data securely and links banks with virtual asset service providers in South Korea and overseas. Upbit Global will contribute technology from its VerifyVASP Travel Rule solution, which the company already operates through its subsidiary VerifyVASP, while Hana Bank plans to use its foreign exchange, payments and settlement infrastructure. The Crypto.News report provides no deployment date, testing schedule or agreement terms.
How the story developed
- First report
First report by Crypto.News
Hana Bank, Upbit Global to develop Travel Rule infrastructure for crypto transfers
- Update
Hana Bank and Upbit Global memorandum reported
Crypto.News cited DigitalToday in reporting a memorandum covering technical cooperation on digital asset transfers and systems designed to meet regulatory requirements.
- Independent corroboration
Independently corroborated by Crypto News Flash
USDe Plunges on Binance as Exchange Risks Come Into Focus
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 22 Sept 2026, 07:36 UTC: Crypto.News — 1 independent source, 1 reports
- 22 Sept 2026, 09:45 UTC: Crypto News Flash — 2 independent sources, 3 reports
Affected entities
Also mentioned: Bitcoin, Ethereum, XRP
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto.News Crypto media | Hana Bank, Upbit Global to develop Travel Rule infrastructure for crypto transfers | Original | |
| Crypto.News Crypto media | Upbit flags SOPH as Binance drops 7 USDC pairs | Independent | |
| Crypto News Flash Crypto media | USDe Plunges on Binance as Exchange Risks Come Into Focus | Independent |
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