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Crypto

To expand digital-asset financial products, trading standards and investor protection must come first

A proposal has called for establishing trading standards and investor protection systems to expand financial products and services using digital assets. Speakers at a forum in Seoul discussed development directions and domestic tasks for digital-asset ETFs and on-chain asset management. They said clearer licensing rules, reliable price calculation, custody arrangements and mechanisms for creation and redemption are needed. Participants also raised the kimchi premium and risks in smart-contract vaults.

Finance

Nexthrus raises 3.8 billion won from KT, LGU+ and Certik as strategic shareholders

Nexthrus is bringing in KT, LG Uplus and Certik as new shareholders, expanding its telecommunications and security partnerships into an equity relationship. The company disclosed it decided at a board meeting on Sept. 10 to carry out a third-party allocation paid-in capital increase targeting the three firms. It plans to issue 2,151,443 new shares, raising about 3.8 billion won. Payment is due on Sept. 18 and the shares will be locked up for 1 year.

Telecommunications & Media

Cable TV responsible for broadcast access for one-third of South Koreans, strong universal service role

Lee Jong-kwan (이종관), a senior expert member at Shin & Kim, called for a reorientation of media policy toward sustainability and regionality to secure cable TV’s future. He said cable TV provides low-cost live broadcasting and supports broadcast access for one-third of South Koreans, giving it a strong universal service character. He cited declining revenues and profits for system operators since 2013 alongside rising content fees.