Kakao Pay and Kakao Bank have signed a memorandum of understanding (MOU) with digital asset infrastructure provider Fireblocks to explore opportunities for digital assets, mainly stablecoins, in South Korea.
Mastercard news reveals a strategic pivot from traditional payment rails and A2A systems toward AI‑driven, agentic payments. The firm’s snowball of agentic AI transaction launches, spanning India, South Korea, Latin America, and the position of the company in EU payment sovereignty debate shows how Mastercard is trying to fill the niche of a future orchestrator […]
The KOSPI index hit its worst session since 2008. The Nikkei 225 shed 10%. Oil briefly cleared $115. Now, potential ceasefire signals are lifting Asian markets for a while, but investors are far from convinced.
The country’s financial regulator is upgrading its surveillance platform to spot suspicious trading patterns in under five minutes — a window that human investigators could never reliably match. The Bithumb incident made the case impossible to ignore.
Espresso (ESP) is a new cryptocurrency token that has been attracting attention across the crypto market over the past few weeks. This crypto tool is tied to efforts to support faster and more connected blockchain systems, which has made it interesting to both traders and observers of the broader digital asset ecosystem. However, real gains […]
In a striking episode of Bitcoin market news, South Korea’s second‑largest cryptocurrency exchange, Bithumb, announced that a major system error led to the mistaken crediting of more than $40 billion worth of Bitcoin to customer accounts during a recent promotional event. The incident has drawn intense scrutiny over internal controls and risk management practices at digital […]
South Korea’s digital-only AI-driven lender KakaoBank reported its highest annual profit to date, with overseas investments now accounting for roughly one-fifth of earnings and turning its regional expansion into a measurable financial contributor.
The acquisition of Paynuri follows Airwallex’s recent fundraising round, which valued the company at approximately $8 billion, and forms part of its broader strategy to expand licensed operations across key global markets.
After an almost nine-year ban on crypto investments, South Korea’s officials are reportedly preparing to review the legislation so that local registered firms may use up to 5% of their equity capital to buy digital assets and diversify their portfolios.
Global finance is steadily shifting from cautious observation to active participation in crypto infrastructure, as evidenced by Mirae Asset Group’s pursuit of South Korea’s Korbit exchange in a deal valued at $70–$100 million.
Across the Americas, Europe, Asia, and Africa, startups secured billions in funding this December. Explore the top deals driving growth in AI, fintech, healthcare, robotics, and sustainable energy as we’re moving towards 2026.
A consortium initiative Namsan, led by SOOHO.IO and Chainlink to pioneer the Korean won stablecoin ecosystem, has conducted a live pilot for foreign tourists, where USD-based stablecoins were exchanged to Korean won digital vouchers at conversion fees more than 30% lower than conventional FX channels offer.
South Korea on Tuesday, April 15, announced a 33 trillion won ($23.25 billion) support package for its vital semiconductor industry, as high levels of tariff uncertainty from the United States threaten companies based in the Asian country.
Last Sunday, March 30, China, Japan, and South Korea held their first economic dialogue in five years, reflecting the desire of these Asian countries to facilitate regional trade in preparation for countering the negative impact of tariffs from President of the United States Donald Trump.
Samsung Electronics Co. pledged to strengthen its position in the high-bandwidth memory chip market in the current year.
On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.
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