Gate Cryptocurrency News and Market Analysis

Professor Cho Kyu-sung of Hyupsung University proposed standardizing a 'Core Cost Table' for auto finance at a National Assembly policy forum on May 28, arguing that consumers cannot assess actual costs from the minimum and maximum interest rates disclosed by financial companies. The proposal

Korea Exchange announced on the 28th revisions to KRX Gold Market operating regulations to support the Bank of Korea's gold purchases for foreign exchange reserve diversification. The regulatory changes establish a dedicated trading, storage, and settlement system enabling BOK to acquire physical go

SNT Motive, a KOSPI-listed eco-friendly auto parts manufacturer, decided on May 28 to cancel all its treasury stocks totaling 2,706,000 shares, representing 10.2% of total issued shares valued at 69.03 billion won, with cancellation scheduled for June 12. The decision aims to enhance shareholder val

Coinbase introduced tokenized stocks for seven major U.S. tech companies on Aave V4, allowing eligible non-U.S. users to borrow USDC against these assets. The stocks include Apple (AAPLc), Nvidia (NVDAc), and Tesla (TSLAc), with Chainlink providing market data through its oracle feeds. This

Global institutional investors recommended Samsung Electronics and SK Hynix establish clear shareholder return frameworks during the AI semiconductor boom at Korea Premium Week on May 28. Winnie Kwan, Chief Investment Officer at CapitalGroup, stated technology companies must clarify business

Seoul Foreign Exchange Brokerage canceled multiple dollar-won transactions as deal misses on May 21 and May 22, according to a May 28 Yonhap Infomax report. Market participants attributed the transaction errors to increased API (automated system) trading, which can execute orders at unexpected

Han Se-jin, a senior investigator at South Korea's Financial Supervisory Service (FSS), called for a unified blockchain design to resolve fragmented mainnet issues at a seminar on May 28. Speaking at the National Assembly Library in Yeouido, Seoul, Han stated that isolated liquidity across

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been requested to appear before an Australian Senate hearing on 1 October, following an incident in which an OpenAI AI agent breached Australian government websites in June. The breach was not reported by OpenAI until 10 September,

BCA Research warned in a recent report that inflation pressure may intensify if US unemployment falls below 4%, as labor supply has declined over the past year due to illegal immigrant departures and falling labor force participation rates. The analysis comes as August unemployment stood at 4.1%,

Korean securities firms face a sharp brokerage revenue contraction in the third quarter as daily trading volumes plunged to 76.3 trillion won from a second-quarter peak of 118.1 trillion won. The decline follows a market correction that cut average daily trading volumes by 35.4% quarter-over-quarter

Goldman Sachs reaffirmed its forecast that the KOSPI will exceed 12,000 points, as Kevin Sneider, the investment bank's Asia-Pacific representative, met with Lee Eok-won, Chairman of South Korea's Financial Services Commission, on the 28th. Sneider stated that the Korean capital market is on the

LG Electronics closed at 214,500 KRW on May 28, up 2.63% from the previous session, after the company announced on May 27 its selection as an official partner in NVIDIA's Partner Network (NPN) for AI data center cooling solutions. The stock surged as high as 220,000 KRW during intraday trading,

XT Exchange listed Ri-Nn (RIN) on September 18 at 08:00 UTC, opening RIN/USDT spot trading in its Main Zone (Layer 1). RIN is the native token of Ri-Nn Chain, an EVM-compatible Layer 1 blockchain whose development plans focus on connecting physical devices with on-chain activity. The listing

SK Hynix stocks fell 5.05% on the 28th, closing at 1,768,000 won on the Korea Exchange, as news emerged that its US subsidiary Solidim is considering a US IPO with a valuation of up to $150 billion (approximately 204 trillion won). The decline was driven by investor concerns over potential parent co

South Korea's KOSPI index closed at 6889.74 on May 28, down 2.70% (191.18 points) from the previous trading session, according to the Korea Exchange. The decline was driven by simultaneous selling from foreign investors (3.2263 trillion

USD/JPY rose 0.29% to 157.730 yen at 1:28 PM on the 28th in the Tokyo foreign exchange market as yen selling pressure intensified amid rising international oil prices. The oil price surge followed the postponement of negotiations between the United States and Iran. Japanese Finance Minister

Meta released its AI agent app Muse this month, prompting New York Times reporter Eli Tan to conduct a two-week real-world test of the technology. Muse autonomously called Tan's dental insurance provider, navigated hold times, and transferred the call only when a human representative answered. The t

HanAll Biopharma stocks closed down 6.87% on the 28th at 43,400 won on the Korean securities market. The decline followed partner company Immunovant's announcement on the 23rd to discontinue clinical development of cutaneous lupus erythematosus (CLE) using the imetelstat compound. Multiple securitie

President Lee Jae-myung on the 28th announced South Korea's goal to become 'Asia's most attractive capital market' through transparent and fair market reforms. In a video address at the opening of '2026 Korea Premium Week', Lee pledged government efforts to create an environment that attracts

Energy Secretary Sharon Garin announced on Monday, September 28, that fuel prices in the Philippines will decrease starting Tuesday, September 29, after three consecutive weeks of steep increases. The rollback — gasoline down by P0.24 per liter, diesel down by P7.57 per liter, and kerosene down by P