Crypto

Mirae Asset acquires Korbit, rebrands it as Digital X

Mirae Asset is acquiring digital asset exchange Korbit and will change its name to Digital X. The group plans to combine Mirae Asset’s financial business experience with Korbit’s digital asset expertise to build an investment platform spanning real-world asset tokenisation, security token offerings and stablecoins. Chairman Park Hyun-joo said Digital X will be a key pillar for “Mirae Asset 3.0” and stressed compliance, internal controls and user protection.

Telecommunications & Media

Baeh Kyung-hoon says telecoms must transform into AI companies as top 3 expand investment

SK Telecom, KT and LG Uplus will work with the government to expand next-generation network investment to respond to the AI era and form a public-private consultative body to discuss investment and telecoms regulatory improvements. Deputy Prime Minister and Science Minister Baeh Kyung-hoon said telecoms should transform into AI infrastructure and platform companies. The ministry plans a comprehensive policy package, while the carriers will expand membership benefits and provide temporary plan perks for youth and vulnerable groups.