financial innovation News

How South Korea Can Lead in the Digital Currency Era: Learning from U.S. Stablecoin Strategies

Kim Yong-beom, CEO of Hashed Open Research, proposes South Korea adopt a strategic approach to stablecoin development, inspired by the U.S. model, to secure a leading position in t...

Federal Reserve Pledges to Combat Debanking: A New Era in Banking Regulation

Jerome Powell, Federal Reserve Chair, commits to combating debanking, emphasizing the need for tailored bank regulations and avoiding excessive burdens to foster innovation in the ...

Elon Musk's X Teams Up with Visa to Revolutionize Peer-to-Peer Payments with X Money

Elon Musk's social network X partners with Visa to launch X Money, leveraging Visa Direct for secure, instant peer-to-peer payments and bank transfers, marking a significant step t...

KOFIA Unveils Bold Strategy for Financial Innovation and Global Market Domination by 2025

Seo Yoo-sek, president of KOFIA, outlines a strategic plan for 2025 focusing on financial infrastructure innovation, digital asset market expansion, global market presence, and inv...