Kakao Corp.
Coverage of Kakao Corp. in the Nexus archive.
- Circle partners with Kakao, Toss Bank to explore stablecoin payment rails in South Korea
Circle has partnered with Kakao and Toss Bank to explore blockchain-based payment infrastructure in South Korea, focusing on stablecoin payment rails. The collaboration aims to develop payment solutions using blockchain technology.
- Kakao taps Circle to explore won stablecoin payment infrastructure
Kakao Group and Circle signed an MOU to explore won stablecoin payments, remittances, merchant settlement, and tokenized financial services. The collaboration aims to develop infrastructure for cryptocurrency-based financial solutions.
- South Korea ‘fake news’ law triggers free speech, censorship fears
South Korea's revised 'fake news' law, part of the Information and Communications Network Act, will apply to online content such as YouTube videos, app reviews, and social media posts. The law imposes punitive damages on YouTubers with over 100,000 subscribers and high-traffic TikTok accounts for 'unlawful' content, affecting platforms like Naver, Kakao, Google, and others.
- South Korea’s Naver Prices First Euro Bond Amid Push Into AI
Naver Corp. issued its first Euro bond as part of its strategic push into AI technology. The move comes amid regulatory scrutiny in South Korea, where lawmakers warned internet giants against abusing market dominance.