Korean Stocks Surge on President Lee’s Stablecoin Push

July 1, 2025

Catenaa, Tuesday, July 01, 2025-South Korean equity markets soared this week after newly elected President Lee Jae-myung pledged strong support for won-backed stablecoins, triggering investor euphoria across crypto-linked stocks. The Kospi index surged nearly 30 percent year-to-date, marking its best performance in four years and positioning it as Asia’s top-performing market for the first half […]

South Korea Ends 14-Year Kimchi Bond Ban, Won Strengthens

July 2, 2025

Catenaa, Wednesday, July 02, 2025- South Korea lifted a 14-year ban on domestic financial institutions investing in kimchi bonds, signaling a major shift to attract foreign capital and stabilize the Korean won amid economic headwinds. The Bank of Korea had imposed the ban in 2011 to avoid currency mismatches among local issuers but reversed course […]