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Crypto

Second bitcoin treasury firm would struggle to catch up with Strategy

Bitcoin treasury firms focused on buying bitcoin may struggle to catch up with Michael Saylor\'s Strategy, according to an assessment cited by Cointelegraph. Economist and \"The Bitcoin Standard\" author Saifedean Ammous said Strategy\'s scale and cash holdings give it an advantage over competitors. He said Strategy holds 847,666 bitcoin bought for $63.95 billion and has $5.02 billion in dollar reserves for dividends and debt interest. Ammous said investing in Strategy carries risks and he prefers holding bitcoin directly.

Finance

Woori Bank launches non-face-to-face real estate-backed loans for sole proprietors, up to 1 billion won

Woori Bank has launched a non-face-to-face real estate-backed loan for sole proprietors that can be applied for without visiting a branch. The bank said it expanded the scope of its flagship Woori Sajangnim Loan from unsecured credit loans to secured lending. Applications can be made through the WooriWON Banking Business app, with a loan limit of up to 1 billion won. Eligible borrowers must pledge individually or jointly owned property and meet credit assessment standards.

Telecommunications & Media

MNO subsidiaries take nearly half of budget carrier users; experts say fair competition rules must be redrawn

South Korea needs to curb subscriber concentration at MVNO subsidiaries of mobile network operators while strengthening the self-sufficiency of independent MVNOs for the government’s “MVNO 2.0” policy to succeed, participants at a policy seminar said. They cited data showing five MNO subsidiaries account for 47.5 percent of subscribers among 59 MVNO operators. Speakers called for legal and institutional measures, greater transparency and wholesale reforms, and urged a policy shift toward sustainable competition and qualitative growth.