| Mobile Web

All articles List

Finance

Stock T+1 settlement talks gain momentum, calls to bring forward timeline

Talks on shortening South Korea’s stock settlement cycle gathered pace after data showed securities firms earned 180.5 billion won in interest over three years while holding clients’ settlement funds. Park Yong-jin (박용진), vice chair of the Regulatory Rationalisation Committee, urged authorities to bring forward the planned start date of around October next year and to explain progress transparently. Korea Exchange Chairman Jung Eun-bo (정은보) said T+1 is becoming a global standard but stressed stable implementation.

Crypto

U.S. lawmaker says U.S. should seek to secure 5 percent of bitcoin supply, sets six-month legislative deadline

Republican U.S. Representative Nick Begich has proposed targeting about 5 percent of total bitcoin supply for a U.S. strategic bitcoin reserve. In an interview with Fox Business, he urged lawmakers to pass related legislation within about six months, before the 2026 midterm elections. He backed the ARMA bill and likened a bitcoin reserve to a “new Fort Knox.” Funding options discussed include using crypto seized under Iran sanctions, with Japan yen figures cited.

Crypto

Shiba Inu retests key support, possible end to long downtrend

Shiba Inu is retesting a key support area on the weekly chart, prompting analysis that a multi-year correction may be nearing its end. The token has fallen about 10 percent over the past week to around $0.00000550, but sellers have not pushed it decisively below demand. Analysts cited repeated defense of long-term support, while the upper downtrend line remains a major barrier. Spot volume fell 20 percent in 24 hours, while open interest rose 2.3 percent.