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Crypto

Venezuela crypto activity doubles in a year, fastest growth in Latin America

Venezuela\'s cryptocurrency activity more than doubled in a year, posting the fastest growth among major Latin American markets as dollar-pegged stablecoins are used to store value and for remittances and payments. Activity reached $39.1 billion in the year to June 30, up 107.2 percent. Brazil had the region’s largest market at $252.5 billion. Chainalysis data also showed a sharp rise in outflows after political upheaval in January.

Telecommunications & Media

KT offers 88 children of long-term customers chance to serve as player escorts for national team

KT will offer 88 children of long-term customers a chance to enter the pitch alongside South Korea\'s national soccer team players as part of a player escort programme. The company will run the programme at four national team friendly matches starting on Sept. 24. KT will select 22 children per match, and winning families will receive tickets for one child and two guardians.

Crypto

Countries with high Bitcoin holdings share weak banking systems

El Salvador, Venezuela and Nigeria rank among countries where a high share of people have held Bitcoin, a survey-based Cornell University index found. The report said Bitcoin is used not just as a speculative asset but as a practical workaround for unstable currencies and limited access to banking and dollars. The study also found many respondents struggled to explain Bitcoin’s protocol, and 58 percent did not know its supply is capped at 21 million.