Crypto

Complex procedures seen as hurdle to digital-asset donations

Donations of digital assets are increasing, but the process is seen as cumbersome. Since the Financial Services Commission guidelines took effect last June, only two companies and one individual have donated digital assets to the Community Chest of Korea. The guidelines require steps such as a handover ceremony, internal review and staggered sales. Only eligible non-profit organisations can accept such donations, and banks and exchanges must conduct checks.

Finance

Wall Street pauses, ends mixed

The three major U.S. stock indexes finished mixed, with early gains fading as selling spread across most sectors. The Dow fell while the S&P 500 slipped and the Nasdaq edged higher, helped by AI-related names. Alphabet surpassed Apple to rank second by market value, with $3.89 trillion versus Apple’s $3.85 trillion. U.S. job openings fell to 7,146,000 in November, the lowest since September 2024.