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Crypto

NH Nonghyup Bank, Bank of Korea and KECO cooperate on digital currency subsidy management

NH Nonghyup Bank will work with the Bank of Korea and the Korea Environment Corporation to build a digital currency-based system for managing state subsidies. The three organisations signed a memorandum of understanding on July 2 to 추진 a digital currency-based subsidy programme for medium-speed electric vehicle charging facilities. They agreed to operate a digital currency network stably for reliable payments and settlement and to support subsidy disbursement and management.

AI & Enterprise

Open-source AI regulation fight evokes early Bitcoin deja vu, U.S. investment firm says

A U.S. investment research firm said the regulatory battle over open-source artificial intelligence is coming to resemble the early Bitcoin market around 2014. Brownstone Research said a growing focus on the risks of open models could bolster the case for closed systems, echoing past pressure on cryptocurrencies. It cited recent moves toward permissioned access tied to identity checks, and reported national security concerns. It also said performance gaps are narrowing and distributed AI is expanding.

Crypto

Foldable iPhone seen taking 29 percent of foldable panel supply in first year, close behind Samsung

Apple could account for 29 percent of next year's foldable smartphone display panel procurement with a foldable iPhone rumored for a 2026 launch, a report said. Counterpoint Research expects 2026 foldable panel shipments to rise about 24 percent to 27.5 million units, with revenue growing 48 percent to about $4.4 billion. Samsung Electronics is seen leading procurement at 31 percent, with Apple close behind at 29 percent.