Hong Joon-pyo Aims to Model South Korea’s Crypto Strategy After Trump Hong Joon-pyo, a prominent figure in South Korean politics, is setting his sights on revolutionizing the country’s approach to cryptocurrencies. With a bold promise to integrate blockchain technology into public services if elected, he is drawing inspiration from none other than former U.S. President […]
Seoul unveils $4.9 billion chip support package
Seoul’s $4.9 Billion Chip Support Package: A Strategic Investment in South Korea’s Tech Sector Seoul, the bustling capital of South Korea, has recently made waves in the tech industry with its unveiling of a massive $4.9 billion chip support package. This significant investment is earmarked to bolster the infrastructure and workforce development within South Korea’s […]
South Korea’s $23B chip industry boost in response to global trade war
South Korea’s $23 Billion Chip Industry Boost: Navigating Global Trade Wars South Korea, a technological powerhouse renowned for its cutting-edge innovations, is gearing up to fortify its position in the global semiconductor market. With a staggering $23 billion investment in its chip industry, South Korea is strategically maneuvering to counter the impacts of the ongoing […]
South Korean crypto insiders criticise the stablecoin regulation bill
South Korean Crypto Insiders Criticize the Stablecoin Regulation Bill South Korea’s cryptocurrency market has been a hotbed of innovation and growth in recent years, with a particular focus on stablecoins. These digital assets, pegged to stable assets like the US dollar or gold, have gained popularity due to their ability to reduce price volatility in […]
South Korea plans massive humanoid robot push to counter China challenge
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 […]