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Telecommunications & Media

Free video calls during Chuseok holiday as telecom capacity expanded and overdue bill curbs eased

South Korea\'s government and telecom and platform companies will strengthen service stability ahead of the Chuseok holiday with measures including free video calls and expanded network capacity. The steps also ease service restrictions linked to overdue telecom bills to reduce burdens on vulnerable users. Telecom operators will improve connectivity on key rail routes and add base stations at major hubs. Platforms will provide holiday information, while authorities step up cyber threat monitoring.

Crypto

World rolls out \'World Money\' finance super app in about 150 countries; features vary by country

Digital identity verification project World has begun distributing its self-custody finance app, World Money, in about 150 countries. The app combines stablecoins, global payments, virtual accounts, trading and yield programs, but what users can access varies by country depending on regulation and supporting infrastructure. It supports balances in eight currencies and username-based transfers, and includes mini apps and an on-chain lending-based Earn feature. World also outlined risks and limits tied to accounts and recovery.

Crypto

Japan FSA raises concerns over crypto firms steering users to dealer model

Japan\'s Financial Services Agency has voiced concern that crypto firms may steer users toward the more profitable dealer model, and plans to examine whether trading screen layouts and guidance nudge customers into unfavorable choices. It said it discussed the issue with an industry body in July. The agency will continue talks based on firms\' legal duty to act fairly. It will also tighten face-to-face ID verification from April 2027 and urged compliance with FATF-related measures.