JPMorgan has officially launched two tokenised money market funds on the Solana blockchain. Qualified U.S. investors can access the My Onchain Net Yield Fund (MONY) and the JPMorgan Onchain Liquidity-Token Money Market Fund (JLTXX) through Morgan Money, where subscriptions and redemptions are handled before tokens are delivered to a blockchain address. The move expands JPMorgan’s tokenised offerings beyond Ethereum and strengthens its multi-chain service structure.

South Korea\'s parliamentary audit raised concerns that funds are increasingly concentrating in banks while savings banks and mutual finance institutions shrink. Lawmakers also questioned the legal basis and procedures for the financial authorities\' household loan volume controls, calling them de facto mandatory rules. Separate inquiries focused on payment inconveniences for foreign tourists, Apple Pay fees and infrastructure costs, and limits on using iPhone NFC for local simple payment services. Authorities said they would review improvements.