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Finance

Seoul Fintech Week 2026 opens, from financial AI to stablecoins

Seoul Fintech Week 2026 opens on Oct. 26 to discuss financial service innovation using artificial intelligence and ways for fintech firms to grow. The three-day event in Yeouido is co-hosted by the Seoul city government, the Financial Supervisory Service and Shinhan Financial Group. It includes an awards ceremony for the Finovation Challenge, sessions on AI transformation and AI agents, startup demo days, recruitment programmes and seminars on tokenisation and stablecoins.

AI & Enterprise

DeepSeek raises $15 billion, aims for Shanghai IPO in early 2027

Chinese AI startup DeepSeek raised $15 billion in its second private funding round, the Wall Street Journal reported on Oct. 22, citing sources. Investor demand nearly doubled the fundraising from the initial target, the report said. DeepSeek is also moving up its timetable and is aiming for a Shanghai stock market listing in early next year. If the plan proceeds, it could list before OpenAI and China’s Moonshot AI, the report said.

Crypto

Bitcoin holds $80,000 as stablecoin payments spread

Over the past week, the global crypto market’s key theme was resilience. Bitcoin held $80,000 despite a CPI shock, while XRP defended $1.30 even as public interest faded. Investors are watching U.S. PMI data and the Oct. 27-28 FOMC, as well as Ripple’s Swell event. Stablecoins and tokenisation are spreading into mainstream payment rails. In South Korea, tax deferral bills and a forthcoming digital assets framework are emerging variables.