Hanbitco, Hae-kyun An and Sung-ah Kim as joint representatives... Focus at 'FTRA'
[Tech M] 2021-03-24
Waiting only for the era of FTRA...'Gopax-Hanbitco' spreads its base
[Coindesk Korea] 2021-03-24
Looking at the employee investment regulations
[Tech M] 2021-03-24
"There is no illegal in our dictionary"... Hanbitco's potential for four years without a corporate account
[Coindesk Korea] 2021-01-18
‘Kim Sunga, CEO of Hanbitco, "The goal is to become a virtual asset financial group that manages, entrusts, and operates."
"It is true that Hanbitco has not been unremarked in the market because there is no KRW market, there is not much new listing, and there is no pumping and dumping," said Kim Sunga, CEO of Hanbitco, who met with Coindesk Korea at her office in Samseong-dong, Seoul on the 5th. She said, "From this year on, we will start to shine through cooperation with the traditional financial sector and approval of virtual asset businesses".
Hanbitco Strengthens the anti-money laundering system
HANBITCO, a virtual asset exchange, will introduce an integrated solution for anti-money laundering (AML) in preparation for The Financial Transactions Reporting Act (FTRA), which will take effect on March 25. Through this, it aims to strengthen its own AML system by preventing financial risk figures from trading virtual assets and tracking transactions on suspected criminal wallets, and to provide customers with a safe virtual asset trading environment.
[Coindesk Korea] 2020-11-26
'Webinar of The Financial Transactions Reporting Act' will be held at the authorities, banks and exchanges.
A seminar will be held where regulatory authorities, banks, and virtual asset exchanges gather to discuss amendments to the enforcement ordinance of the The Financial Transactions Reporting Act (FTRA). Blockchain(FTRA) Forum and Coindesk Korea co-host 'Webinar of The Financial Transactions Reporting Act' on November 30th at 8 pm.
[MBN, PAXNet] 2020-11-10
Hanbitco establishes an RBA-based anti-money laundering system establishment organization
PlutusDS, which operates the cryptocurrency exchange Hanbitco, announced that it has established a risk-based approach (RBA)-based anti-money laundering (AML) organization in preparation for the amendment to The Financial Transactions Reporting Act (FTRA) to be implemented in March next year.
[Fnnews, Cointelegraph] 2020-06-11
"Blockchain company that built the industry on the bare ground"
'Financial Specialist Lineup' Hanbitco, Leading legalization of virtual assets
Establishment of financial experts such as JP Morgan, Merrill Lynch and HSBC
Participation in the Enforcement Decree of the Special Money Act through the Korea Blockchain Association
Operate own Defi Lab "Pursuit of popularization of crypto finance"
‘Due diligence report on Hanbitco is released…100% cash reserve rate on cryptocurrency’
Hanbitco released its cryptocurrency due diligence report on the 27th. Hanbitco holds 79 different types of cryptocurrency and more importantly Hanbitco reserves more than 100% of cryptocurrency deposited, which means their users can withdraw their assets anytime. Furthermore, Hanbitco will regularly release due diligence reports to become a reliable exchange.
‘Hanbitco has implemented the Dow Jones solution system to prevent money laundering.’
By joining the Dow Jones risk and compliance system, Hanbitco identifies its platform as anti-money laundering while also introducing the KYC customer check process. Along with other exchanges in Korea, Hanbitco has been recognized by acquiring the ISMS. Moreover, Hanbitco will continue to build a stronger and trustable exchange while preventing terrorist financing.
‘Kim Sunga, CEO Hanbitco, promises to build a trustable crypto-financial industry.’
As the specified financial transaction information bill was passed, Hanbitco has leaned towards becoming a trustable yet efficient cryptocurrency exchange. There still are barriers to overcome, and Hanbitco is working to solve problems like money laundering. The cryptocurrency exchange has now been able to become a more trusted and acknowledged platform, thus maintaining trust is an important factor, and developing more services is key.
‘Revision bill of the digital financial transactions act passed… first step to cryptocurrency institutionalization’
The revision bill of the electronic financial transactions act has finally been passed by the national assembly, expected to be enacted in March 2021. The main contents in the revision bill, include a licensing system for cryptocurrency exchange, Anti-money laundering (AML), Combating the financing of terrorism (CFT). CEO of Hanbitco and Chairwoman of Korea Blockchain Association Exchange Committee, Kim Sunga, stated that she is thrilled to see the long-awaited revision bill has passed.
‘Hanbitco partners with Kakao Klaytn’
GroundX, a blockchain platform, has decided to partner with diverse exchanges and services. Hanbitco Exchange, which was created by top finance experts, has joined in with Klaytn. In the future, GroundX and Hanbitco are looking forward to expanding cryptocurrencies and bringing in younger generations.
‘Deposit coins and earn interest...Hanbitco launches its Defi services’
Accepting the fact that offering simple cryptocurrency exchange is not enough, Hanbitco has initiated an interest-earning service to its users. Hanbitco users will be able to earn a total interest rate of 12%. After being accepted to ISMS, Hanbitco believes they will be able to provide an accurate and trustable exchange.
[Blockchain Valley] 2019-10-20
‘Hanbitco CEO Kim Sunga, Chain Action movement with STS&P 2019 proceeds’
Since 2018, Hanbitco has been holding a blockchain campaign with STS&P. STS&P is a platform that provides solutions for achieving SDG’s promoted by the international community. As the new chairman, Kim Sunga stated that she will be the leader of communication and work to secure the legal status of the exchange while raising pies through shared growth.
[IT Chosun] 2019-09-17
‘Hanbitco CEO, Kim Sunga, elected as Chairwoman of Korea Blockchain Association Exchange Committee’
Kim Sunga entered the cryptocurrency industry as Covit’s PM and later on continued as a fund director at a cryptocurrency trading investment company called Eljovi. As the current CEO of Hanbitco exchange, Kim announced that she will do her best to secure the legal status of the exchange and increase the pie by sharing growth. Kim hopes to actively participate and notice issues raised in this industry.
‘Hanbitco, cryptocurrency verification enhanced...joined hands with security audit company Certik’
By joining with Certik, strategies to filter technologically vulnerable blockchain projects, and prevent damage to investors. Furthermore, Hanbitco plans to strengthen the verification of projects through external services with Certik’s agreement. Hanbitco hopes to gain trust from investors through the use of external services.
‘Cryptocurrency exchange Hanbitco, No.1 in CER security evaluation in Korea’
Hanbitco was able to leave an impressive stance in the Korean exchange security rankings and the global cryptocurrency market analysis. CER ranks the security by evaluating numerous factors, they recently added password security and anti-phishing codes. Hanbitco stated that they will try their best to remain in the top rankings and continue to improve their security and eventually be accepted globally.
‘Hanbitco, on board with ‘Xangle’ cryptocurrency information provider’
On the 21st, Hanbitco and CrossAngle have made a business agreement to improve the credibility of the cryptocurrency market and to solve transparency issues. CrossAngle has created Xangle, a public information platform, in order to further improve transparency issues to the public. Through this agreement, Hanbitco will be able to use the analysis reports from CrossAngle for listings and disclose information to investors.
‘“We will become the toss in the cryptocurrency industry”, says Hanbitco CEO, Kim Sunga’
With a goal to popularize the use of cryptocurrencies, Hanbitco is planning on creating a cryptocurrency wallet that is easy to use. The main target for the new wallet will be DAPP users. In a few years, a digital wallet that provides easy and secure transactions will be released.
‘Cryptocurrency exchange Hanbitco acquires ISMS certification’
Hanbitco has announced that it has obtained the ISMS certification on the 3rd. ISMS is a system that analyzes whether a company has a relevant information security management system to secure key information assets. Receiving an ISMS certification is not mandatory for exchanges with less than 10 billion won in sales, however, Hanbitco has been certified after Gofax.
‘Hanbitco has joined with UN Future Forum, supporting female blockchain leaders’
Hanbitco and Brock Piers will be coming together to start a female incubating program to help grow and support female leaders in the blockchain industry. The incubating program consists of 3 stages: fellowship, internship, and incubation. CEO of Hanbitco, Kim Sunga, stated that she hopes female leaders entering the blockchain industry will grow through this program and later represent the industry.
‘Bithumb, Upbit, and Hanbitco, a total of seven cryptocurrency exchanges in Korea, have come together to agree to carry out a healthy cryptocurrency ecosystem.’
In order to decrease the possibilities of financial accidents happening, seven cryptocurrency exchanges have agreed to follow regulations and systems to prevent terrorist financing. Now, exchanges do not have to wait for government regulations when handling problems like fraud transactions.
[ABF in Seoul] 2018-10-12
‘Former CEO of Hanbitco, Kim Ji Hwan, says “Blockchain and the financial industry are one”’
Kim Ji Hwan, anticipates big improvements to the cryptocurrency industry, emphasizing its similarity and connection with the financial industry. Hanbitco’s global network will allow it to become a secure and trusted exchange. With many roles and services needed to grow this industry, strong support for the firm is important.
[Global Economy Times] 2018-09-05
‘Cryptocurrency exchange Hanbitco passed the ISO 27001 security certification’
ISO 27001 is the most authoritative international certification in the field of information protection established by the International Organization for Standardization and the International Electrotechnical Commission (IEC) and is an international standard for information security management systems. Hanbitco, being one of the twelve major exchanges in Korea has passed the security certification. Following the ISO 27001 certification, Hanbitco is looking to acquire the ISMS certification later on.
[Security World] 2018-01-15
‘The man who built the cryptocurrency exchange security system’
Lee Won Yeon is the chief information protection officer at Hanbitco, holding multiple licenses in this field. Lee is fully aware of the causes of numerous hacking incidents and is preparing strong security measures for Hanbitco. With goals to create an exchange that can be trusted and actively used in the future, Lee looks at his position and role of CISO as an opportunity.