South Korea's KB National Card and SBI Holdings Sign a Memorandum of Understanding on Digital Finance Cooperation
2026-10-13 11:30:36
According to CoinMeta, as reported by kmaeil, South Korea's KB National Card ( KB Kookmin Card ) has announced the signing of a memorandum of understanding on digital finance cooperation with Japanese financial groups SBI (controlling SBI Holdings ), SBI Everspin , and Everspin ( MOU ). The parties will jointly verify the management technologies for AI proxy identities and access rights to ensure compliance and credibility when AI proxies users in retrieving, booking, and making payments. They also plan to integrate with payment systems such as KB Pay. In subsequent stages of the cooperation, they will further explore the feasibility of integrating digital assets such as stablecoins held by Japanese tourists into South Korea's local offline merchant payment environment, covering practical processes such as settlement, clearing, refunding, and fraud prevention. Officials emphasized that the final implementation and commercialization of stablecoin payment services have not yet been determined and will need to be progressed step by step based on the results of technical demonstrations.
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