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Crypto

Russia central bank governor says digital ruble to be unveiled Sept 1

Russia\'s central bank has reaffirmed plans to introduce its central bank digital currency, the digital ruble, on Sept. 1. Governor Elvira Nabiullina said preparations have been completed and the rollout will follow the previously announced schedule. She said all preparations were in place and the digital ruble would complement the existing ruble, with financial and credit institutions handling it first. Legal changes are also due to take effect on the same date.

Finance

Korean retail investors turn net buyers of U.S. stocks after 3 months on SpaceX listing

Korean retail investors in U.S. stocks turned net buyers in June for the first time in three months, Korea Securities Depository data showed. They recorded net purchases of $233.66 million, with $1.10468 billion bought and $871.01 million sold. The shift followed net selling in April and May. Buying was led by SpaceX, with $1.89307 billion purchased in June, while semiconductor-related names also drew inflows.

Finance

ELS fines cut to 600 billion won after local elections, financial policy in focus

With the June 3 local elections over, attention in South Korea’s financial sector is shifting back to financial authorities and the National Assembly. Issues that lost traction during the campaign, including governance reform at financial holding firms, digital asset regulation, loan rules for non-resident single-homeowners and a compensation liability system for voice phishing, may return to the agenda in the second half. Regulators have also adjusted ELS sanctions and stepped up work on consumer protection and AI security threats.