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Crypto

Bitcoin clears $80,000 after three months as digital asset alliances gather pace

Bitcoin rose above $80,000 for the first time in three months on a weaker dollar, expectations of clearer U.S. digital asset rules and inflows into spot exchange-traded funds. In South Korea, interest is growing over whether renewed debate on a basic digital asset law could lead to institutional changes such as corporate investment and spot ETFs. Financial firms are also accelerating tie-ups spanning banks, brokerages and asset managers.

Crypto

Hanwha Investment & Securities to run two-track token securities, RWA strategy for digital asset regulation

Hanwha Investment & Securities is accelerating its digital asset push after declaring in October last year it would become a specialist digital asset brokerage. It plans to expand investment and collaboration with digital asset firms while preparing for regulation by pursuing domestic token securities and overseas real-world asset (RWA) tokenisation. DA Platform team head Byung-chul Lee outlined building a platform linking product discovery, issuance and subscription, and wallet and custody, starting with issuance and underwriting.

Crypto

DB Financial Investment joins Ethereum Korea One as title sponsor

DB Financial Investment will take part as title sponsor of the Ethereum conference \"Ethereum Korea One: Genesis\" to be held in Seoul in September. The event will discuss the status of token securities business initiatives by domestic and overseas financial institutions ahead of the institutionalisation of token securities in South Korea, and ways to use Ethereum-based on-chain infrastructure. The Ethereum Korea Consortium said the conference will run on Sept. 28 to 29.