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Search results for Lee Ho-jung

Crypto

Stablecoin land grab intensifies as banks and fintech form alliances

South Korea\'s finance and fintech sectors are stepping up competition to pre-empt the stablecoin market even as legislation remains stalled in parliament. Banks are moving to secure issuance rights through consortia and technology partners, while fintech firms and exchanges focus on controlling mainnets and payment networks. Global players are also positioning in networks and settlement infrastructure. The article says the battle for won and dollar stablecoin leadership is already under way.

Games & Commerce

Instagram tightens teen account exposure standards, applies U.S. PG-13 level

Instagram is tightening content exposure standards for teen accounts in South Korea to a level comparable to U.S. PG-13 films, as it steps up measures to curb harmful content. Meta said it will roll out an updated “teen account” standard across the Asia-Pacific region, expanding an update first introduced in the United States and Britain in October. The rules will limit exposure and contact with inappropriate accounts and add parental controls later this year.

Games & Commerce

Naver, Kakao step up AI monetisation, turning search and chat into transactions

Naver and Kakao plan to accelerate monetisation of artificial intelligence services in the second half, after strong first-quarter results. Kakao is expanding AI features in KakaoTalk that proactively suggest information based on chat context and is testing agent commerce tied to gifting and external partners. Naver is strengthening action-oriented AI that links personalised search answers to shopping, orders and reservations, aiming for monetisation in later quarters through ads and higher conversion.