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Industry
South Korea FTC begins pre-merger review of Uber-Delivery Hero deal
South Korea's Fair Trade Commission has begun a pre-merger review of Uber Technologies' planned acquisition of all shares in Germany's Delivery Hero. The regulator will examine whether service linkages such as memberships and advertising and promotions across taxi-hailing and delivery could affect market competition, as Uber would gain control of food delivery app Baedal Minjok. Uber plans to complete the tender offer subscription in November and close the share acquisition in the second half of 2027.
Finance
Brokerages tread carefully on overseas stock promotions ahead of Chuseok
South Korean securities firms are taking a cautious stance on overseas stock marketing ahead of the Chuseok holiday, citing continued sensitivity to financial authorities’ call last December to refrain from cash-like promotions and advertising. Industry officials say there is no new directive banning events, but firms still factor in regulators’ views and rivals’ moves when deciding whether to restart campaigns. The Financial Supervisory Service recently stressed investor protection and internal controls at a meeting with compliance officers.
Crypto
Bitcoin jumps to $86,332, highest since January 2026
Bitcoin rose to $86,332 on Sept. 21, its highest level since January 2026, entering its highest range in eight months. The rally coincided with heavy short-position liquidations across the crypto market totaling $877.31 million in 24 hours, mostly from shorts. Bitcoin remains about 30 percent below its October 2025 record of $126,000. Markets also weighed easing geopolitical tensions, bond yields and upcoming political meetings and U.S. data releases.
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Crypto
REX Shares and Tuttle launch ASSX, a 2x leveraged ETF tied to Strive shares
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Crypto
XRP outpaces bitcoin in August rebound, posts over 30 percent monthly gain
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General News
U.S. probes possible cyberattack after refrigeration failures at military facilities
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Crypto
Binance XRP inflows jump 663 percent in week to Sept. 20
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Mobility
Tesla FSD Supervised wins temporary approval in Czech Republic, becoming seventh European country
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Crypto
Binance back in spotlight over suspected Iran sanctions breaches as U.S. prosecutors probe
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Mobility
Tesla sets up Vietnam unit to take on VinFast, which dominates 92 percent of EV market
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AI & Enterprise
Cheaper token price can raise total coding AI cost by 14 times, study finds
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Telecommunications & Media
PIPC to meet South Korea’s three mobile carriers on Sept. 28, issue joint personal data protection declaration
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Crypto
Control seen as key test in DeFi regulation as SEC and CFTC draw lines
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Mobility
China's high-speed rail network may have boosted EV sales, study finds
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Crypto
Russia steps up crypto regulatory overhaul by year end, Sberbank joins in
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Crypto
Prediction market TruO moves from Base to Ethereum mainnet; Vitalik backs shift
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Crypto
Coinbase, Circle and Strategy slide as U.S. Clarity bill stalls in Senate
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Industry
Geely unveils Battleship 700 SUV with propellers for water escape