Samsung and Bank of Korea Collaborate on Offline CBDC
The media reported that Samsung is currently working with the Bank of Korea to create a central bank digital currency (CBDC).
South Korea - page 4
From Traditional to Modern: A Journey into the Profitable World of Korean Art
The art world is in a constant state of flux, as collectors and investors seek to diversify their collections and new markets continue to emerge. One such market that has gained considerable attention in the last few years is Korean art, encompassing both traditional and modern paintings.
Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert
Kakao Pay, the online payment service of the South Korean messenger and Internet giant Kakao, announced the acquisition of a stake in Siebert Financial, a brokerage firm based in New York.
South Korea Fines Google $32 Million
The South Korean Fair Trade Commission (KFTC) fined Alphabet’s Google 42.1 billion won ($32 million).
Samsung Plans to Cut Memory Chip Production
Samsung Electronics has announced its intention to reduce the production of memory chips.
South Korea Launches Metaverse Fund
The Ministry of Science and ICT of South Korea established an investment fund to support the growth of metaverse initiatives in the country
Samsung and Naver to Partner on Mobile Payments in South Korea
Samsung and Naver announced that they have reached an agreement on strategic cooperation in order to combine efforts to maintain the leading positions of these companies in the South Korean mobile payments market.
BaaS Provider AIZEN Launches “AI Core-Tech” in a Dynamic Environment With ChatGPT
One of the leading banking-as-a-service (BaaS) providers in the Southeast Asian market – AIZEN – introduced the banking service using “AI Core-Tech” in a dynamic environment with ChatGPT
Apple Pay Set to Launch in South Korea
In the coming months, Apple Pay will be launched in South Korea with the support of Hyundai Card.
Binance Acquires GOPAX Exchange to Re-Enter South Korea
Binance will be re-entering the South Korean crypto market by putting capital into the survival of GOPAX.
Seoul Government Opens City’s First Metaverse Project
According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.
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