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Crypto

Netanyahu floats blockchain as way to bypass financial sanctions, sparking Israeli political spat

Israeli Prime Minister Benjamin Netanyahu (베냐민 네타냐후) has publicly raised the possibility of using blockchain and cryptocurrencies to respond to potential international financial sanctions. He said Israel is reviewing related technology to reduce any economic shock. Political opponents criticised the idea, with one calling it a national security threat, while the Bank of Israel said crypto cannot be used to bypass sanctions. Industry figures and local media also questioned its effectiveness.

Finance

Seoul Fintech Week 2026 opens, from financial AI to stablecoins

Seoul Fintech Week 2026 opens on Oct. 26 to discuss financial service innovation using artificial intelligence and ways for fintech firms to grow. The three-day event in Yeouido is co-hosted by the Seoul city government, the Financial Supervisory Service and Shinhan Financial Group. It includes an awards ceremony for the Finovation Challenge, sessions on AI transformation and AI agents, startup demo days, recruitment programmes and seminars on tokenisation and stablecoins.

AI & Enterprise

AI delivers no results outside big tech, S&P 500 firms\' sales, margins stagnate

Apollo Global Management said heavy investment has poured into AI, but U.S. companies outside big tech have yet to see any financial results. The report said the Magnificent 7 are raising revenue per employee and profit margins, while the other 493 S&P 500 companies show no change in either measure. It also said there is no sign AI has lifted productivity growth and that some firms are cutting AI spending as token costs are increasingly viewed as a drag on margins.