https://cryptobanking.news/banks/shinhan-bank/Verified items about Shinhan Bankhttps://cryptobanking.news/item/sbj-bank-jpyc-line-next-stablecoin-poc/https://cryptobanking.news/item/sbj-bank-jpyc-line-next-stablecoin-poc/Wed, 21 Oct 2026 00:00:00 GMTSBJ Bank, the Japanese entity of Korea’s Shinhan Financial Group, announced on 21 October 2026 that it signed a memorandum of understanding on 20 October 2026 with LINE NEXT Inc. and JPYC Inc. covering a proof of concept for a new account-linked top-up function, in which each party provides infrastructure: bank accounts, stablecoin issuance and redemption, and the Unifi digital wallet. SBJ Bank says it will provide bank accounts and banking infrastructure and test a mechanism connecting stablecoins with existing financial services, and will consider commercialising new services including remittances and payments with LINE NEXT after the PoC. (Source text in Japanese; summary translated.) Source: https://prtimes.jp/main/html/rd/p/000000039.000141845.htmlstablecoinshttps://cryptobanking.news/item/bis-project-agora-real-value-testing-completed-krw/https://cryptobanking.news/item/bis-project-agora-real-value-testing-completed-krw/Thu, 30 Jul 2026 00:00:00 GMTThe BIS says Project Agorá conducted real-value testing (RVT) in July 2026: 28 financial institutions and central banks completed transactions totalling about CHF 800,000 in CHF, EUR, GBP, JPY, KRW and USD, across 17 scenarios and 30 transactions using tokenised central bank reserves and tokenised commercial bank deposits. KRW transactions totalled KRW 120 million, with the Bank of Korea among five testing central banks and Hana Bank, KB Kookmin Bank, NongHyup Bank, Shinhan Bank and Woori Bank among the testing financial institutions. Average time from payment initiation to settlement was about 80 seconds even though the prototype was not integrated with RTGS and core banking systems. Source: https://www.bis.org/project/agoratokenized-depositscbdchttps://cryptobanking.news/item/bis-project-agora-real-value-testing/https://cryptobanking.news/item/bis-project-agora-real-value-testing/Wed, 27 May 2026 00:00:00 GMTThe BIS said the Project Agorá prototype showed atomic settlement of wholesale cross-border transactions using tokenised central bank reserves and tokenised commercial bank deposits, and that work will advance to real-value testing. It noted tokenisation does not alter the legal characterisation of reserves or deposits. Source: https://www.bis.org/media-releases/20260527-project-agora-shows-how-tokenisation-can-improve-wholesale-cross-border-payments-work-willtokenized-depositscbdc