Dunamu, which operates the digital asset exchange Upbit, said on the 1st that it signed a memorandum of understanding (MOU) with the Credit Counseling & Recovery Service (CCRS) and the nonprofit Hamkke Mannneun Sesang to support an integrated recovery program for financially vulnerable people, the Upbit Next Series: Didim (the Didim Project).

At the signing ceremony held on the 30th at the Credit Counseling & Recovery Service (CCRS) in Jung-gu, Seoul, attendees included Oh Kyoung-suk, Dunamu CEO; Kim Eun-kyung, Credit Counseling & Recovery Service (CCRS) chairperson; and Kim Yong-deok, Hamkke Mannneun Sesang chairperson.

Oh Kyoung-suk (from left), Dunamu CEO; Kim Eun, Chairperson of the Credit Counseling & Recovery Service (CCRS); and Kim Yong-deok, Chairperson of Together Building the World, pose for a photo at the Credit Counseling & Recovery Service (CCRS) in Jung District, Seoul, on the 30th of last month to mark a signing ceremony for Upbit Next Series Didim. /Courtesy of Dunamu

Dunamu will donate bitcoin (BTC) worth 4.5 billion won over three years, providing 1.5 billion won annually as operating funds. The Credit Counseling & Recovery Service (CCRS) will provide advice and cooperate on publicity related to the program's operation, and Hamkke Mannneun Sesang will handle overall program operations and management.

The Didim Project, which will run for three years starting this year, will support a total of about 2,100 financially vulnerable people with benefits including up to 3 million won per person in debt forgiveness, 1.5 million won in living expense support, 3 million won in interest-free loans, and close mentoring tailored to individual financial situations.

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