Most Popular
-
1
[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not
![[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050642_0.jpg&u=)
-
2
Yoon seeks rebound, taps 5-term lawmaker as chief of staff
-
3
[Exclusive] Korean military set to ban iPhones over 'security' concerns
![[Exclusive] Korean military set to ban iPhones over 'security' concerns](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050599_0.jpg&u=20240423183955)
-
4
Medical standoff deepens as doctors reject new med school plan, talks
-
5
[Herald Interview] Why Toss invited hackers to penetrate its system
![[Herald Interview] Why Toss invited hackers to penetrate its system](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050569_0.jpg&u=20240422150649)
![[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050642_0.jpg&u=)
![[Exclusive] Korean military set to ban iPhones over 'security' concerns](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050599_0.jpg&u=20240423183955)
![[Herald Interview] Why Toss invited hackers to penetrate its system](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050569_0.jpg&u=20240422150649)
-
6
[Graphic News] 77% of young Koreans still financially dependent
![[Graphic News] 77% of young Koreans still financially dependent](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050762_0.gif&u=)
-
7
Korean, Romanian leaders discuss defense tech, nuclear energy
-
8
S. Korean envoys convene to navigate strategy amid Middle East tensions
-
9
North Korea fires several short-range ballistic missiles into sea: JCS
-
10
Samsung, SK hynix investors dump shares on Nvidia crash
![[Graphic News] 77% of young Koreans still financially dependent](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050762_0.gif&u=)
The head of the financial regulator on Wednesday vowed to lend more support to financial technology firms, with the aim of turning small fintech firms into "unicorns" ith higher market capitalization.
Choi Jong-ku, chairman of the Financial Services Commission, made the remarks at a meeting with executives at fintech firms.
The government "will help create unicorns that compete in the global market by continuing to ease regulations," Choi told the meeting, referring to private firms worth over $1 billion.
From April, fintech firms will be exempted from some rules and be able to develop services without regulatory hurdles.
Under a so-called regulatory "sandbox," fintech firms using new technologies, such as blockchain and big data, will be exempted from regulatory challenges.
Financial authorities will also encourage banks to channel more funds into the fintech sector, Choi said. (Yonhap)
![[Exclusive] Korean military to ban iPhones over security issues](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/23/20240423050599_0.jpg&u=20240423183955)
![[Today’s K-pop] Ateez confirms US tour details](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/04/23/20240423050700_0.jpg&u=)