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Search results for March 17

Crypto

XRP is already a digital commodity; what would change if U.S. Clarity bill passes

XRP is already classified as a digital commodity under U.S. federal regulators’ interpretation, but a Clarity bill due for a September vote could закрепить that status in law and set up oversight of spot markets. The SEC and CFTC named XRP a digital commodity in March, but SEC Chair Paul Atkins said congressional legislation is needed to prevent reversals. Despite spot ETF launches, inflows have slowed. Senate procedure and timing remain uncertain.

Industry

Park Jung-ho, former SK Hynix vice chairman, gets 16.9 billion won in second year after retirement; 288.1 billion won still due

Park Jung-ho, an executive advisory member at SK Hynix and former vice chairman, received 26.5 billion won in the 18 months after leaving, according to a half-year report filed on Aug. 14. His pay totalled 9.61 billion won in 2025 and 16.9 billion won in the first half of 2026, largely from settlement of long-term incentives granted while he was a registered executive. The company estimated unpaid SARs and performance shares at 288.1 billion won.

Finance

Kosdaq may mount comeback after sharp selloff, fourth straight day of gains

Sentiment in South Korea\'s Kosdaq market is shifting after repeated sharp falls. The index rose for a fourth straight session on Aug. 5, after dropping to the low 700s. Buy sidecar curbs on program buy orders were triggered for three consecutive sessions from July 31 to Aug. 4 for the first time. Analysts cite deleveraging in margin loans and renewed institutional buying, while cautioning it is too early to call a structural uptrend.