South Korea

Korean Kospi Index Falls From Global Leader to October’s Worst Performer
News

Korean Kospi Index Falls From Global Leader to October’s Worst Performer

South Korea’s stock market has taken a sharp turn. After a record rally early in the year, the Kospi has become the worst performing major global index since the start of October.

Ripple and Meritz Securities Partner to Bring Institutional Custody and Tokenization to Korea’s Capital Markets
Blockchain & Crypto

Ripple and Meritz Securities Partner to Bring Institutional Custody and Tokenization to Korea’s Capital Markets

Ripple has announced a strategic partnership with Meritz Securities, one of the top securities companies in Korea. 

Emerging Market Banking Is Being Rewritten by Fintech Says Aubrey Capital’s John Ewart
News

Emerging Market Banking Is Being Rewritten by Fintech Says Aubrey Capital’s John Ewart

Emerging market banking has long been associated with currency volatility, cautious lending and the risk of state interference. According to John Ewart, Director and Investment Manager at Aubrey Capital Management, the last decade has told a more nuanced story, one shaped by technology, demographics and policy.

Kakao Pay and Kakao Bank Partner With Fireblocks to Explore Stablecoins in Korea
News

Kakao Pay and Kakao Bank Partner With Fireblocks to Explore Stablecoins in Korea

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.

Why Mastercard Is Ditching Traditional Payment Rails for AI-Driven Agentic Payments
Fintech & Ecommerce

Why Mastercard Is Ditching Traditional Payment Rails for AI-Driven Agentic Payments

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 […]

Iran War Sends Shockwaves Through Global Markets, Then a Relief Rally, What’s Coming Next?
Articles

Iran War Sends Shockwaves Through Global Markets, Then a Relief Rally, What’s Coming Next?

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.

South Korea Is Building an AI System to Catch Crypto Market Manipulation in Real Time
Blockchain & Crypto

South Korea Is Building an AI System to Catch Crypto Market Manipulation in Real Time

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.

New Token Hype on Horizon: Espresso (ESP) Sees Big Interest After Major Exchange Listings
Blockchain & Crypto

New Token Hype on Horizon: Espresso (ESP) Sees Big Interest After Major Exchange Listings

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 […]

$40 Billion Bitcoin Error Rocks Bithumb, Exposes Internal Controls Flaw on Major Crypto Exchange
News

$40 Billion Bitcoin Error Rocks Bithumb, Exposes Internal Controls Flaw on Major Crypto Exchange

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 […]

KakaoBank Posts Record Profit as Overseas Expansion Begins Delivering Returns
News

KakaoBank Posts Record Profit as Overseas Expansion Begins Delivering Returns

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.

Airwallex Acquires Paynuri to Expand Its Global Payments Infrastructure to South Korea
Fintech & Ecommerce

Airwallex Acquires Paynuri to Expand Its Global Payments Infrastructure to South Korea

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.

South Korea Considers Allowing Minor Corporate Crypto Investments
News

South Korea Considers Allowing Minor Corporate Crypto Investments

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.

Mirae Asset Eyes Korbit in Strategic Crypto Push, Signaling Evolving Institutional Confidence in Digital Assets
News

Mirae Asset Eyes Korbit in Strategic Crypto Push, Signaling Evolving Institutional Confidence in Digital Assets

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.

Top Global Startup Funding Rounds: December 2025
Articles

Top Global Startup Funding Rounds: December 2025

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.

Korean Won Stablecoin Ecosystem Grows With Chainlink & SOOHO.IO Project Namsan
Blockchain & Crypto

Korean Won Stablecoin Ecosystem Grows With Chainlink & SOOHO.IO Project Namsan

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 Announces Over $23 Billion for Chip Sector
News

South Korea Announces Over $23 Billion for Chip Sector

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.