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Crypto

US government bitcoin holdings still unclear a year after strategic reserve launch

More than a year after the United States launched a strategic bitcoin reserve fund, the government has not disclosed how much bitcoin it can actually count as reserves, fuelling controversy. Market estimates range widely, reflecting uncertainty over which coins have cleared final forfeiture and belong to the Treasury without legal obligations such as victim compensation. High-profile cases, including Bitfinex-related recoveries and a major civil forfeiture suit, have added to confusion.

Finance

JB Financial posts record Q2 net profit of 219.6 billion won, driven by capital unit

JB Financial Group posted a controlling shareholders\' net profit of 219.6 billion won in the second quarter, its highest ever for a second quarter, led by JB Woori Capital. The group said first-half net profit totalled 385.7 billion won. ROE stood at 13.0 percent and ROA at 1.07 percent. The board approved a quarterly cash dividend of 314 won per share and a 100 billion won share buyback and cancellation.

Telecommunications & Media

KT offers roaming, Grab promotion for Southeast Asia summer travelers

KT is offering low-cost roaming plans and local partner benefits for travelers to Southeast Asia during the summer vacation season. The company said the promotion runs through Oct. 31 and covers Taiwan, Vietnam, the Philippines, Thailand, Indonesia and Malaysia. The plan costs 25,000 won and includes 3 GB of data and 30 minutes of voice calls for 7 days, with reduced-speed data after use. Eligible customers also receive Grab discount benefits in seven countries.