Park Ga-young
안녕하세요 Park Ga-young 기자입니다.
Articles by Park Ga-young
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‘FSC approval of digital insurance to boost innovation, but intensify race’MarketsJun 10, 2021An official green light given to the insurance unit of Kakao Pay and three peer-to-peer companies will pave the way for the country’s innovation in finance, industry experts said Thursday. The Finan... -
FSC gives green light to Korea’s third Internet-only bankMarketsJun 9, 2021Toss Bank on Wednesday received final approval from the Financial Services Commission to operate as the nation’s third mobile-only bank. Now that it has the green light, Toss is set to jump into Sou... -
FSC set to decide fate of Toss Bank, Kakao’s insurance unitMarketsJun 8, 2021South Korea’s market regulator, the Financial Services Commission, is set to decide on Wednesday whether to approve the operations of banking and insurance units developed by financial technology com... -
![[Herald Interview] Understanding blockchain through investor’s eyes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/06/02/20210602000744_0.jpg)
[Herald Interview] Understanding blockchain through investor’s eyesMoneyJun 2, 2021Just as people are getting used to the concept of cryptocurrencies, new terms like “DeFi,” nonfungible token and metaverse have become the talk of the town. While an increasing use of NFTs opens up ... -
FSS to oversee virtual assets; cryptocurrencies in negative territoryMarketsMay 30, 2021The Financial Supervisory Service has been designated to man the main control tower overseeing the country’s burgeoning virtual asset market, putting an end to months of discussions on who would take... -
Jungheung interested in Daewoo E&C, but takeover still under reviewMarketsMay 28, 2021Jungheung Group, a local construction company, has expressed interest in acquiring Daewoo Engineering and Construction, but is in the process of reviewing its value and business potential, the builde... -
Legal ambiguity poses hurdles for NFT businesses: expertsMarketsMay 28, 2021Nonfungible tokens have seen a soaring popularity this year, but its future in South Korea remains uncertain due to legal gray areas, experts said Thursday during a conference on NFTs held in Seoul. ... -
K bank’s capital jump to W2.1tr with inflow of new shareholdersMoneyMay 26, 2021K bank, South Korea’s first Internet-only lender, more than doubled its paid-in capital via share purchases from major private equity funds, the bank said Wednesday. The move comes as the company ge... -
Korean proptech Dongnae raises $8.2m in seed roundsMoneyMay 25, 2021Dongnae, a property tech company based in South Korea, said on Tuesday that it has raised an additional $4.1 million in an extended seed series funding from global investors. Dongnae’s final seed ro... -
Cryptocurrencies on downward spiral amid tightening regulationsMoneyMay 24, 2021Cryptocurrencies extended a dayslong loss Monday in South Korea before recovering some of their losses in the afternoon, as investors and businesses reacted to strict regulations recently introduced ... -
![[Eye Plus] Last decades of Joseon era on show at Unhyeongung](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/05/20/20210520000776_0.jpg)
[Eye Plus] Last decades of Joseon era on show at UnhyeongungMoneyMay 22, 2021Unhyeongung near Anguk Station on subway line No. 3 is surely not a major Joseon-era palace that appears prominently in tourist guide books. The relatively small complex that once belonged to Heungse... -
Bithumb dismisses concerns about fraud caseMoneyMay 21, 2021Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, shrugged off questions on Friday about a fraud case involving a major shareholder. Lee Jung-hoon, former chairman of ... -
Cryptocurrency panic-selling wipes out W900tr in 24 hoursMarketsMay 20, 2021Cryptocurrency markets continued to experience a sellout on Thursday, triggered by a combination of negative news including China’s latest regulations. According to CoinMarketCap, a market data trac... -
Bithumb Korea’s net profit soars 876% in Q1MarketsMay 18, 2021Bithumb Holdings, the operator of cryptocurrency exchange Bithumb, saw a surge in sales and net profit in the first quarter of 2021, its largest shareholder’s financial results showed on Tuesday. Ac... -
KakaoBank’s Q1 net profit jumps 150%MoneyMay 18, 2021KakaoBank, South Korea’s biggest online bank, saw more than a 150 percent growth in its first-quarter net profit due to an increase in interest income and transaction fees, the firm said Monday. Its...
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