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Coupang chief executive officer Park Dae-jun resigned over his failure to prevent South Korea’s largest-ever data breach, which set off a regulatory and political backlash against the country’s dominant online retailer. The company said in a statement on Wednesday that Park had stepped down over his role in the breach. It appointed Harold Rogers, chief … Read more
Park Dae-jun, CEO of South Korean online retail giant Coupang has resigned, three weeks after the company became aware of a massive data breach that affected nearly 34 million customers. Coupang The CEO of South Korean online retail giant Coupang resigned Wednesday, three weeks after the company became aware of a massive data breach that … Read more
South Korea crypto enforcers are preparing one of the strictest investor-protection regimes in the World, drafting legislation that would force exchanges to fully compensate users for losses from hacks or system failures without requiring proof of negligence. This really throws a wrench in my plans of making just enough money passively to hop between Seoul … Read more
Crypto traders have long been fixated on how much Bitcoin it will take them to buy a Lamborghini. But after a woeful November for Bitcoin and other cryptocurrencies, an old joke has popped back up online: crypto bros lining up for jobs at McDonald’s. Even McDonald’s isn’t hiring crypto bros pic.twitter.com/Uz5SbqShay — Not Jerome Powell … Read more
American flags flutter outside a Hyundai automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | Reuters DETROIT — Hyundai Motor and General Motors are set to be two of the greatest beneficiaries of lower U.S. tariffs on imports, including vehicles, from South Korea. The South Korean-based automaker is the largest U.S. importer … Read more
SEOUL, SOUTH KOREA – DECEMBER 03: President Lee Jae Myung speaks during a press conference to mark the first anniversary of former President Yoon Suk Yeol’s brief imposition of martial law, at Yeongbingwan of Blue House on December 03, 2025 in Seoul, South Korea. A year has passed since then-President Yoon Suk Yeol declared a … Read more
South Korea has quietly produced two new crypto billionaires, putting them in the same league as Changpeng “CZ” Zhao and Justin Sun. Song Chi-hyung and Kim Hyoung-nyon, the co-founders behind Upbit operator Dunamu Inc., crossed the billionaire mark in 2025 after agreeing to sell their company last week. The buyer is Naver Financial, part of … Read more
South Korea is pushing to finalize a new digital asset act by January, after ruling and opposition lawmakers agreed on a stablecoin framework that had stalled negotiations for months. Summary South Korea’s ruling and opposition parties agreed on a bank-led consortium model for issuing KRW stablecoins. Lawmakers set a Dec. 10 deadline for the government … Read more
South Africa does not have a “strong immediate need” for a central bank digital currency (CBDC) for the time being, according to the country’s central bank. Summary South Africa’s central bank has concluded there is no strong immediate need for a retail CBDC. The central bank remains open to exploring retail CBDC use cases in … Read more
In Africa crypto news this week, the Ghana Gold Board is pushing for blockchain implementation in tracking global gold movements. Meanwhile, in South Africa, the South African Reserve Bank has warned of the stability risk from the country’s crypto sector. SARB adds crypto and stablecoins to new risk-monitoring category. Custody balances $1.5B, 7.8M users. Top … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4