Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently. Source:CoinDesk
SK Hynix’s stock looks primed for a pop in its Nasdaq debut
The South Korean memory company’s American depositary receipts begin trading on Friday. Source:MarketWatch
As SK Hynix lands in the U.S., here’s why investors should be wary of the chip sector’s ‘bubblelike’ volatility
Traders can only hope South Korea–style turbulence won’t be imported to Wall Street. Source:MarketWatch
The U.S. and China are today’s leaders in AI. These countries could be the next-stage champions.
Economists at Bank of America spotlight South Korea and the United Arab Emirates as likely to gain from both the buildout and adoption of artificial…
Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bankled won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in…
It was the world’s hottest stock market. Now South Korea’s stock-market index has entered bear-market territory
The cumulative impact of several different narratives – competition, sustainability, excessive leverage, international outflows has sapped the Korean market of…
South Korea weighs action against Polymarket over gambling concerns
South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction…
Upbit says it only expressed interest in future OUSD participation
Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from…
Bitcoin zooms above $61,000 as inflation fears soften
Bitcoin rose more than 4% to trade above $61,000, its strongest level in over a week, after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop…
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
Samsung and SK Hynix are pulling a chipplant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle…
South Korean authorities fine Bithumb $136K over sharing user information overseas
The fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in violation of laws intended to protect user…
Why SK Hynix’s $30 billion U.S. listing could be a double-edged sword for Micron’s stock
The South Korean memory company could give investors more opportunities beyond Micron, though it may also raise awareness of industry dynamics.…