South Korea’s Bold Move: Massive Humanoid Robot Push to Counter China Challenge The AI revolution has gathered steam in South Korea as the country’s top robotic companies have set their sights on creating a new wave of humanoid robots. With China posing a formidable challenge in the robotics industry, South Korea is gearing up to […]
Victims of AI-driven sex crimes in Korea continue to grow
AI-Driven Sex Crimes in Korea: A Growing Epidemic South Korea is facing a disturbing trend as the number of victims seeking help for digital sexual abuse continues to rise. In 2024 alone, over 10,000 individuals in the country have reported being victims of AI-driven sex crimes. This alarming statistic sheds light on the dark side […]
South Korea’s pension fund to explore blockchain integration
South Korea’s National Pension Service (NPS), one of the largest pension funds globally, is set to explore the integration of blockchain technology into its operations. This move comes as the number of crypto investors in South Korea has exceeded 16 million, indicating a growing interest in digital assets within the country. However, the NPS is […]
Trump’s Tariffs Send Beauty Industry Into Crisis Mode
Trump’s Tariffs Send Beauty Industry Into Crisis Mode The beauty industry is known for its resilience in the face of challenges, but the recent implementation of high tariffs on key import sources by the Trump administration has sent shockwaves through the sector. With major beauty powerhouses like South Korea and France being heavily impacted by […]
South Korea faces industry pushback on AI Basic Act
South Korea’s AI Basic Act: Industry Pushback Over Regulatory Concerns South Korea’s AI Basic Act is meant to pave the way for the country to become a global leader in artificial intelligence (AI) technology. However, the ambitious legislation is facing pushback from industry players who are concerned about the potential regulatory burdens it may bring […]
One in five South Korean public officials owns cryptocurrency
One in Five South Korean Public Officials Owns Cryptocurrency South Korea has been at the forefront of the cryptocurrency revolution, with a significant number of public officials embracing this digital asset class. Recent reports indicate that one in five South Korean public officials owns cryptocurrency, highlighting the widespread adoption of this new form of investment […]
South Korean court reinstates Han Duck-soo as acting president
South Korean Court Reinstates Han Duck-soo as Acting President In a recent turn of events, a South Korean court ruling has brought Han Duck-soo back into the spotlight as the acting president of the nation. This decision comes at a crucial time, amidst political chaos and economic concerns that have been plaguing the country in […]
Bank of Korea rejects Bitcoin for national reserves
Bank of Korea Stays Cautious as Lawmakers Push for Bitcoin in National Reserves Lawmakers in South Korea have been advocating for a closer look at incorporating Bitcoin into the country’s national reserves, citing the digital currency’s potential to diversify the economy and hedge against traditional financial risks. However, the Bank of Korea has opted to […]
South Korea to release institutional crypto investment guidelines by Q3
South Korea to Release Institutional Crypto Investment Guidelines by Q3 South Korea, known for its technological advancements and forward-thinking approach, is set to release institutional crypto investment guidelines by the third quarter of this year. This move comes in line with global trends that are increasingly favoring greater institutional participation in the cryptocurrency market. The […]
South Korea launches $34 billion fund for strategic industries
South Korea Launches $34 Billion Fund for Strategic Industries In an ambitious leap to bolster key industries amid global competition, South Korea has recently unveiled a $34 billion fund aimed at supporting strategic sectors and driving innovation across the nation. This significant investment signals a strong commitment to enhancing the country’s competitiveness on the global […]