The main Bank of South Korea heads for the Stablecoin consortium

The largest banking institution in South Korea, KB Kookmin Bank, has filed 17 requests for brands related to stablescoins, an evolution towards the creation of a national stablecoin consortium supported by the country’s main financial institutions. The file submitted earlier this week to Information Services on the Rights of Intellectual Property of Korea includes proposed…

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Nvidia Faces Export Restrictions Amid Global AI Chip Debate

Targeting artificial intelligence microchips, the Biden administration is proposing new export restrictions that could have a big effect on Advanced Micro Devices (AMD, Financials) and Nvidia (NVDA, Financials). Intended to divide countries into three tiers based on their access to sophisticated U.S. chip technology, the proposed rules aim to restrict sales in many global markets….

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