Gate Cryptocurrency News and Market Analysis

South Korea's Financial Services Commission postponed the second-round selection of institutions eligible for network separation regulation relaxation, announced on the 6th. The decision follows a series of hacking incidents targeting financial institutions. The FSC had planned to select 15 institut

Ondo Finance announced on October 6 the launch of Ondo Private Markets, a platform enabling investors to trade tokenized products linked to private company valuations. The first product, based on an artificial intelligence company preparing for an initial public offering, will begin trading on the s

Coinbase Institutional is working with financial advisers at six global banks on increasing Bitcoin exposure for clients. The discussions increasingly concern how much Bitcoin clients should hold rather than whether they should have cryptocurrency exposure at all. The development follows the

President Lee Jae-myung will hold a summit meeting with Egyptian President Abdel Fattah al-Sisi on the 8th to discuss expanding economic cooperation encompassing trade, investment, infrastructure, and supply chains. Presidential Chief of Staff Spokesperson Kang Yu-jeong announced on the 6th that Pre

KOSDAQ stocks surged on the 6th, with the index closing at 919.92, up 2.98%, driven by gains in semiconductor materials, parts, and equipment stocks alongside rebounds in secondary battery and biotech shares. The index rose 8% over one week, nearing the 920 level, as top-cap stocks including

Samsung Electronics and SK Hynix closed down 1.45% and 3.69% respectively on October 6, the first trading day after the Gaecheonjeol holiday, as foreign investors intensified selling pressure. Samsung Electronics finished at 272,000 won while SK Hynix ended at 1,773,000 won, with foreign investors n

KB Securities is expanding sustainable finance operations by linking corporate greenhouse gas reduction targets to bond issuance conditions. Last year, the securities firm's sustainable finance bond underwriting and securitization issuance totaled 1.4364 trillion won, broadening underwriting

Daishin Securities reported equity capital of 4.5937 trillion won in the first half of the year, marking a 24% increase compared to the same period last year, as the company advances its shareholder return expansion strategy. The firm implemented its 28th consecutive annual cash dividend in March, d

Korea Exchange amended its KOSPI and KOSDAQ market listing enforcement rules on January 2 to allow suspension of watchlist designation and delisting procedures based on court judgments, even for companies not party to litigation. The rule change follows Seoul Southern District Court rulings on the s

Korea Investment & Securities ranked first in default option return rate through the second quarter, according to the Ministry of Employment and Labor. The firm's 'Default Option Aggressive Investment BF1' portfolio recorded a 123.34% three-year cumulative return, the highest among all retirement

Two firms have maintained exclusive control of Korea's spot foreign exchange brokerage market for over 20 years, according to data submitted by the Bank of Korea to National Assembly member Kim Nam-jun's office as of September 2026. Korea Money Brokerage received its license in November 1998,

Bitcoin trades near $85,300 on 6 October 2026, exactly one year after setting its all-time high of $126,080 on 6 October 2025. CoinGecko quoted $85,303 at 06:40 UTC, down 0.6 percent over 24 hours, while Coinbase spot was $85,296 at the same time. The current price is 32.3 percent below the record a

Japanese investors, who hold 23 trillion yen in French government bonds as of July, could trigger significant market disruption if they begin large-scale selling, according to analysis released on the 6th. Steven Innes, Managing Partner at global asset manager SPI, warned that the scale of Japanese

Seoul Administrative Court Division 2, led by Chief Judge Gong Hyun-jin, ruled on the 1st that CP Labs, operator of the CP Dax crypto exchange, remains a virtual asset business operator under South Korea's Special

Bitcoin long-term holders reduced their holdings for seven consecutive weeks through Sept. 28, according to an analysis published Oct. 6 by crypto analyst Axel Adler Jr. The sustained selling occurred as holders locked in profits during Bitcoin's price advance. Market demand has absorbed the

Investment publication Motley Fool on October 5 (local time) recommended three US industrial automation stocks as alternatives amid Federal Reserve rate hikes and persistent inflation, citing simultaneous benefits from corporate cost reduction needs and AI infrastructure investment. The publication

NH Investment & Securities, designated as Korea's third IMA operator in March, is expanding productive finance through Integrated Management Accounts. The company received a 650 billion won capital increase from NH Nonghyup Financial Group last year August, meeting the 8 trillion won equity capital

Cybersecurity stocks on South Korea's KOSDAQ surged on the 6th following AI-driven hacking incidents at multiple financial institutions. AhnLab rose 15.58% to 89,000 won and Genians climbed 20.83% to 24,650 won, both hitting yearly highs, while SandsLab and Raonsecure closed at upper trading