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Asia Crypto Weekly: MOEX 24/7 Trading, Hana Bank–Upbit Deal

Russia's MOEX weighs round-the-clock crypto rails, a Korean banking giant takes a stake in Upbit's parent, and a Korean-won stablecoin lands on Aptos — the week's signal that Asian finance is folding…

Asia Crypto Weekly: MOEX 24/7 Trading, Hana Bank–Upbit Deal
Asia Crypto Weekly: MOEX 24/7 Trading, Hana Bank–Upbit Deal

Wu Blockchain's weekly Asia roundup flags ten developments that, taken together, sketch a region folding crypto into its core financial plumbing rather than treating it as a parallel market.

Why it matters

Russia's Moscow Exchange has begun exploring 24/7 crypto trading — a structural shift for a venue whose cash equity session is still bound to local time zones. In South Korea, Hana Bank has taken a stake in Dunamu, the operator of the Upbit exchange, marking the first major traditional-banking entry into the country's spot exchange operator. Aptos has launched a Korean-won-pegged stablecoin, bringing sovereign-currency settlement on-chain in a market that has historically routed most digital-asset volume through the won off-chain.

Market impact

Vietnam's decision to launch an official crypto market and Japan's new crypto intermediary rules extend the same pattern: formal recognition pulling regional volume on-rails. For traders the read is the convergence of TradFi plumbing with on-chain settlement, with the Korean won now a live stablecoin corridor on Aptos and Russian 24/7 rails a credible venue for ruble-crypto flow if the State Duma bill clears second reading.

Source: [Asia's weekly TOP10 crypto news: MOEX Explores 24/7 Crypto Trading, Hana Bank Buys Dunamu Stake, Aptos Launches KRW‑Pegged Stablecoin and Top10 News — Wu Blockchain](https://wublock.substack.com/p/asias-weekly-top10-crypto-news-moex)

Related tokens
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Frequently asked questions

  1. What is Moscow Exchange (MOEX) exploring for crypto trading?

    Russia's Moscow Exchange has begun exploring 24/7 crypto trading, a structural shift for a venue whose cash equity session remains bound to local time zones, alongside the State Duma's crypto legalization bill heading to a second reading.

  2. Why did Hana Bank buy a stake in Dunamu?

    Hana Bank's stake in Dunamu — operator of South Korea's Upbit exchange — marks the first major traditional-banking entry into a Korean spot exchange operator, signaling bank-level validation of domestic crypto venue infrastructure.

  3. What is the Aptos KRW-pegged stablecoin?

    Aptos has launched a Korean-won-pegged stablecoin, bringing sovereign-currency settlement on-chain in a market that has historically routed most digital-asset volume through the won off-chain.

  4. Is Vietnam launching an official crypto market?

    Vietnam is preparing an official crypto market, extending the regional pattern of formal recognition that pulls digital-asset volume onto regulated rails rather than offshore venues.

  5. What new crypto rules has Japan introduced?

    Japan has rolled out new crypto intermediary rules, the latest move in a regional push to formalize how banks, brokers, and payment firms handle digital assets on behalf of clients.

Source attribution
Aggregated from WuBlockchain · Verified · Last refreshed 49d ago
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