Crypto

Christine Lagarde to step down as ECB president in February 2027

European Central Bank President Christine Lagarde (크리스틴 라가르드) said she will step down on Feb. 7, 2027. Cointelegraph reported on Oct. 29 that Lagarde wrote on X that she had informed colleagues of her retirement plan. Lagarde took office in November 2019 and would serve about 7 years and 3 months if she leaves as scheduled, stepping down before her term ends in October 2027.

Finance

Financial sector hacking spreads, delays gain support for digital asset tax postponement

A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.