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Crypto

Korea Internet Companies Association opposes cap on crypto exchange stakes

The Korea Internet Companies Association has pushed back against financial authorities' moves to limit major shareholders' stakes in virtual asset exchanges. It said a proposed cap of 15 to 20 percent would amount to excessive regulation and could violate private property rights and constitutional principles. The group also warned the measure could hurt global competitiveness, deter investment in startups and raise risks of hostile foreign takeovers and an outflow of profits and decision-making power overseas.

AI & Enterprise

Physical AI to expand virtual twin from products to factories in software

Nvidia CEO Jensen Huang (젠슨 황) says AI will not shrink the number of designers or reduce software tools, but will give every designer and every SolidWorks user an AI companion team. Speaking at Dassault Systemes' 3DEXPERIENCE World 2026 in Houston, he says AI agents will act as companions and expand software-defined environments from products to factories. Dassault Systemes and Nvidia also announce cooperation to build a physical AI platform integrating their technologies.

Finance

KakaoBank to pursue M&A in payments and capital firms to build growth drivers

KakaoBank said it will pursue inorganic growth and is actively pushing mergers and acquisitions, prioritising payments and capital companies, as it seeks to bolster medium- to long-term growth drivers. CFO Kwon Tae-hoon said a capital firm could open new markets for an internet bank. The bank said its platform-based growth has helped stabilise deposits and non-interest income, and it aims to prepare an M&A deal within the year.