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Finance
NH NongHyup Bank steps up plans for won stablecoin ecosystem
NH NongHyup Bank said it held a strategic meeting with global digital asset infrastructure company Fireblocks at its Seoul headquarters on Feb. 2 to discuss a proof-of-concept for digitalising tax refunds and plans to build a won stablecoin ecosystem. The tax refund project began in November and completed its design in January, with development and testing due by April. The two sides discussed cooperation models linking bank-based trust structures with global blockchain networks.
Crypto
Pantera founder says bitcoin will outperform gold in 10 years
Dan Morehead, founder of crypto investment firm Pantera Capital, said bitcoin is stuck in a short-term range but will outperform gold over the long term. Speaking at an Ondo Summit panel in New York, he argued fiat currencies lose about 3 percent of value annually and that fixed-supply assets such as gold or bitcoin are rational investments. He said institutional participation remains limited and the U.S. regulatory environment is turning more neutral.
Opinion
Data trading has begun
Data is often called a mine of the future, but guidance and credible quality assessment are not standardised beyond personal information, Kim Dong-cheol writes. AI trained on inaccurate big data can deliver weaker results, and data requires continual updates. South Korea’s amended data laws allow use of pseudonymised or anonymised data, while the mydata initiative places data sovereignty with individuals. Data trading is growing, with demand for well-prepared, well-described datasets.
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Finance
FSC to tighten bank branch closure process, include 1 km consolidations in impact reviews
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Industry
South Korea ministry holds meeting to expand public procurement of domestic AI chips
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Games & Commerce
Kakao Games targets SM fans with detailed recreation in SMiniz
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AI & Enterprise
MSIT holds briefing on science and technology R&D policy and key programmes
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Industry
Cell-to-body race puts BYD, Volvo ahead of Tesla
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Industry
Samyang N&Chem posts 2025 operating profit of 17.6 billion won, up 64 percent
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Crypto
Korea Internet Companies Association opposes cap on crypto exchange stakes
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AI & Enterprise
Physical AI to expand virtual twin from products to factories in software
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Finance
KakaoBank to pursue M&A in payments and capital firms to build growth drivers
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Crypto
Can a long-term Shiba Inu bet turn $10,000 into $1.1 million?
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Games & Commerce
Musinsa Standard to build 60 bases in Korea and China this year, targeting 1 trillion won
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Industry
Shinsung E&G enters data centre solar power business
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Industry
Koh Young Technology targets Japan medical market with brain surgery robot
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AI & Enterprise
Douzone Bizon posts record operating profit in 2025
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Crypto
CZ rebuts four rumours about Binance, from BTC sale claims to crash blame