TechFlow News, May 18: According to iNews24, a representative from the Virtual Assets Division of South Korea’s Financial Services Commission (FSC) stated that the FSC is reviewing whether Hana Bank’s acquisition of Dunamu shares raises concerns regarding the “separation of finance and virtual assets.” The official added, “At present, we are not directly pursuing a relaxation of the ‘finance and virtual assets separation’ regulatory framework.” The official further noted, “Even if Hana Bank acquires shares of Kakao Investment instead of directly acquiring Dunamu shares, such an acquisition would effectively constitute an investment in Dunamu shares; therefore, we are applying the same review standards.”
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