Hana Card has signed a three-way memorandum of understanding with Tether and Hana Bank to explore cooperation on digital asset services, The Asia Business Daily reported. Separately, Hana Financial Group completed regulatory acceptance of a virtual asset service provider filing from South Korea’s Financial Intelligence Unit on Sept. 18 through BitGo Korea, its joint venture with digital asset custody specialist BitGo. The moves give the group an institutional foundation for digital asset custody services for domestic institutions and corporations. The group appears to be assembling a digital asset value chain covering issuance, custody, payments, remittances and tokenized securities. Its reported initiatives include payment-sector cooperation with the world’s two largest stablecoin issuers, overseas remittances based on Dunamu’s GiwaChain and early infrastructure development for security token offerings, or STOs.