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Crypto
PBOC steps up scrutiny of stablecoins\' cross-border payment impact, calls for tighter rules and coordination
China\'s central bank is stepping up monitoring and tightening regulation as stablecoins could play a bigger role in cross-border payments. PBOC Research Bureau Director General Wang Xin said authorities should closely examine stablecoins\' impact on the international monetary system and cross-border settlement, and consider how regulation and international coordination should proceed. He also warned that weaponisation of payment tools could disrupt normal cross-border trade.
Crypto
SpaceX valuation surge raises hopes of more FTX creditor repayments
A surge in SpaceX’s valuation is raising expectations that creditors of bankrupt crypto exchange FTX could receive additional repayments, as FTX previously gained exposure to SpaceX through investments linked to venture capital firm K5 Global. Creditors point to SpaceX’s sharp rise in valuation and estimates that related assets could be worth billions of dollars, though dilution may reduce that figure. FTX’s repayment process is already well advanced, but the estate has not outlined any plan for the SpaceX-linked holdings.
People & Events
Baemin Connect riders deliver supplies to abandoned dog shelter
Baemin riders visited an abandoned dog shelter to deliver supplies and help improve conditions, the company said on Wednesday. Woowa Youths, a logistics unit of Delivery Hero Korea\'s Baedal Minjok, held a volunteer activity with Baemin Connect riders and employees. Fifty participants visited Bigdog Forest in Paju, donated pet items through Baemin B Mart and delivered them using riders\' top boxes. They also cleaned kennels and care areas. The company plans an adoption campaign using posters and QR codes on top boxes.
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AI & Enterprise
\"PoC is done, now it is results\" - AI agent live operations seminar to be held
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Finance
Shinhan Financial launches integrated Shinhan Super SOL one-app platform
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AI & Enterprise
IITP to boost full-stack linking AI semiconductors and physical AI to respond to AX 2.0
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Finance
Shinhan Financial unveils integrated app \'Shinhan Super SOL\'
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AI & Enterprise
Hanssak launches SecureGate V4.0 network link solution to address N2SF transition
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AI & Enterprise
Genians wins global certification for EDR solution
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Finance
Korean banks tighten lending standards ahead of government property measures
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Crypto
BoA report says shift from bitcoin mining to data centres proves effective
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Games & Commerce
KakaoTalk, KakaoMap to offer national park facility reservations
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Crypto
Evernode CEO says XRP\'s edge lies in financial network, not technology
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Crypto
Bitmine buys 76,882 more ether in week, nears 5 percent supply target
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Finance
KakaoPay unveils June payment benefits at Musinsa, Twosome and more
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AI & Enterprise
MegazoneSoft provides technical support for Hankook & Company generative AI hackathon
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AI & Enterprise
SKT steps up AX Innovation 2.0 drive to boost work efficiency with AI
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Telecommunications & Media
Countries expand social media bans for teens amid doubts over effectiveness