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Crypto

South Korea tightens reporting bar for digital asset businesses, expands screening to major shareholders

From Aug. 20, South Korea will expand screening for digital asset business reporting to cover major shareholders, financial condition, organisation and staffing, and IT facilities. Changes to major shareholders or compliance systems will require advance reporting 30 days before changes, replacing post-change filing. Authorities will broaden criminal history reviews to major shareholders and include additional economic crime laws. They will also scrutinise actual operation of compliance systems and may conduct on-site inspections.

AI & Enterprise

NHN Cloud completes verification of Tibero TAC, applies it to Daegu public cloud

NHN Cloud said on Aug. 13 it completed a proof of concept verifying the operational stability of TmaxTibero\'s Tibero Active Cluster (TAC) in a multi-hypervisor cloud environment and applied it to the Daegu public-private partnership (PPP) cloud. TAC is an active-active clustering high-availability solution. NHN Cloud said it applied SR-IOV to enable fast, stable communication between database servers and completed deployment at the National Information Resources Service Daegu Center in July.

AI & Enterprise

Morgan Stanley keeps SpaceX target at $300, says $600 possible if Cursor deal delivers

Morgan Stanley kept its official price target on SpaceX at $300 but outlined a most-optimistic scenario in which shares could be valued at $600. The bank said the bull case assumes stronger execution across AI, Starship, orbital computing and other new businesses and is not an official target. SpaceX was trading around $139. The analysis centers on SpaceX’s acquisition of Anysphere, which operates AI coding platform Cursor, expected to close in the third quarter of 2026.