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South Korea's Mirae Asset is making a serious play for the crypto space. Founder Park Hyeon-joo has outlined plans to build a one hundred and nine billion dollar digital asset empire through its newly acquired Digital X platform, targeting stablecoins, real-world assets, and tokenized securities. It's an ambitious bet that traditional finance and crypto infrastructure are converging faster than most expected.
Across the globe, OpenAI is turning to advertising to sustain its massive user base in India. With more than one hundred million weekly active ChatGPT users in the country, the company will begin showing ads on its free and lower-priced Go tiers. It's a familiar trade-off — access in exchange for attention — and a signal that even AI companies must eventually answer to the economics of scale.
Meanwhile, the Bank of England has been handed a new legal duty to foster stablecoin innovation, written into a bill heading before the Lords in September. Financial stability remains the Bank's primary objective, but the move reflects a broader shift in how regulators are choosing to engage with digital finance — less as gatekeepers, more as reluctant co-architects.
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