Techub News reports that, according to The Block, Korea's Hana Financial Group has signed a memorandum of understanding with Standard Chartered Group, and both parties will collaborate on digital asset businesses.

According to reports from multiple local media outlets, the two organizations plan to utilize their respective expertise and network advantages to expand their global presence in the traditional financial sector. Additionally, it has been reported that the two parties discussed digital financial cooperation plans involving cryptocurrencies, including stablecoins. Hana Financial Group Chairman Ham Young-joo stated: "We will create new growth opportunities through synergies in digital assets and other future financial fields."