South Korea’s finance minister, Koo Yun-cheol, has pledged urgent reforms to how government agencies manage digital assets following high-profile failures in state custody. Recent …
South Korea
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Artificial IntelligenceRobotics
Hyundai Invests in AI, Robotics and Hydrogen Infrastructure
by Editorby EditorHyundai will invest 9 trillion won ($6.3B) to build an AI data centre, robot hub, and hydrogen plant in Saemangeum. The project is part …
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Firefighters rushing into burning buildings may soon have backup that never tires, never panics, and never needs to catch its breath. Hyundai …
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Uncategorized
Rebel Startups Challenge Conglomerates in South Korea’s ‘AI Squid Game’
by Editorby EditorWhile pursuing his doctorate in mathematics at the University of Oxford, Junghwan Lim watched many peers head deeper into academia or pivot …
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CryptoGovernance & Policy
Lawmakers set to crack down on crypto after Bithumb’s $40bn Bitcoin blunder
by Editorby EditorBithumb’s erroneous $40 billion Bitcoin giveaway will become a watershed moment for South Korea’s crypto exchanges, say experts. The industry is bracing …
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CryptoGlobal DevelopmentsGovernance & Policy
$40B Crypto Blunder Shakes Seoul: South Korea Slams the Brakes With Brutal New Crypto Laws
by Editorby EditorSouth Korea is moving swiftly to strengthen its cryptocurrency regulatory framework following a dramatic operational error at one of the country’s largest …
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Global DevelopmentsRobotics
Beaten by China in EV batteries, Korea Finds an Edge in Humanoids
by Editorby EditorAfter being undercut by lower-cost Chinese rivals in the EV market, Korea’s major battery makers have recently gained a much-needed jump from …