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Crypto
Mastercard to acquire stablecoin infrastructure firm BVNK
Mastercard will acquire stablecoin payments infrastructure company BVNK for up to $1.8 billion, Reuters reported on Tuesday. Mastercard is pursuing the deal to strengthen its presence in the digital asset ecosystem, including stablecoins, beyond traditional card networks. Chief Product Officer Jorn Lambert said most financial institutions and fintech companies would soon offer digital currency services. BVNK provides stablecoin-based cross-border payments and enterprise infrastructure.
Crypto
PayPal expands PYUSD stablecoin service to 70 countries
PayPal is expanding the countries where customers can hold its stablecoin, PYUSD, in their PayPal wallets. From March, customers in 68 additional countries will be able to hold PYUSD, following the United States and Britain, Fortune reported on Tuesday. The newly covered markets include countries in South America, Africa and Asia such as Uganda, Colombia and Peru. Overseas users can also earn rewards; U.S. users receive 4 percent annually.
AI & Enterprise
Alibaba launches enterprise agentic AI Wukong, to integrate with Slack and Teams
Alibaba has unveiled a new agentic AI platform for enterprise customers called Wukong, CNBC reported on March 17. The platform lets companies manage multiple AI agents through a single interface and includes enterprise-grade security features. It supports automation of tasks such as document editing, approvals, meeting minutes and research. Wukong is currently available as an invitation-only test version.
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AI & Enterprise
OpenClaw heats up China's investment scene with AI trading tools
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AI & Enterprise
Cisco expands AI factory tie-up with Nvidia across security, edge and telco
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General News
ITCEN Group to help revive Art Olympics halted for 78 years
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Telecommunications & Media
KT union files police complaint against outside director Lee Seung-hoon over misconduct allegations
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Finance
Shinhan Bank named top bank for IP-secured loans
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Finance
Hanpass posts 1,673.04-to-1 ratio in retail IPO subscription
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AI & Enterprise
Workday appoints Mike Hur as new Korea country manager
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People
Postman saves unconscious driver and helps ease traffic jam
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AI & Enterprise
National AI strategy committee holds meeting on spreading agentic AI across industry
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AI & Enterprise
Tech Insight: Nvidia is now an AI infrastructure platform company
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Finance
KakaoBank app outage lasts about 30 minutes, service restored
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AI & Enterprise
OpenAI to wind down side projects, focus on B2B and coding
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Crypto
Stablecoin interest: If U.S. bans it, Asia may open the door as financial leadership could shift
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Finance
KOSPI rises on institutional buying, Kosdaq edges lower
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AI & Enterprise
How AI technology is being used on the battlefield amid U.S.-Iran Middle East conflict