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Crypto

Japan\'s three megabanks to create joint stablecoin, seek issuance within 2026

Japan\'s three megabanks plan to issue a jointly created stablecoin during fiscal 2026. CoinPost reported that Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corp and Mizuho Bank will soon reach a basic agreement and set up a council to flesh out operations. The plan assumes the banks obtain licences for electronic payment instrument transactions, with a trust bank acting as issuer trustee. The initiative is also tied to securities settlement tests using blockchain data.

Industry

Jensen Huang says Taiwan is ground zero for AI revolution, power supply remains task

Nvidia has formalised a project to build a new headquarters in Taipei’s Beitou-Shilin Technology Park, Taiwan’s CNA reported, quoting CEO Jensen Huang calling Taiwan the epicentre of the AI revolution. Huang praised Taiwan’s semiconductor supply chain and said Nvidia’s annual investment in Taiwan has surged nearly tenfold. The new site is designed for 4,000 staff, with construction due to start in late 2026 and finish in 2030. Huang also urged Taiwan to secure stable power supplies.

Games & Commerce

NCSoft aims for quarterly growth on legacy, new IP and mobile casual three pillars

NCSoft posted a clear earnings rebound after achieving its biggest-ever first-quarter PC sales. The company said it will pursue continued quarter-by-quarter growth based on three pillars: expanding legacy intellectual property, globally launching new IP and ramping up mobile casual. Co-CEO Byung-moo Park said he was confident revenue and operating profit will keep rising quarter on quarter and year on year. The company highlighted Lineage Classic, plans for Aion2 and the integration of Germany\'s JustPlay.