Edaily reported that virtual asset exchange Coinone is finalizing discussions to extend its KRW deposit and withdrawal account partnership with Kakao Bank for another year. Kakao Bank completed its on-site due diligence on Coinone last May and is now reviewing a one-year extension of the KRW deposit and withdrawal account partnership, which expires in mid-this month. Coinone has been renewing its contract since November 2022, when it changed its partner bank from NH Nonghyup Bank to Kakao Bank.