Home Cryptocurrency South Korean payments firm Kakaopay tumbles 17% as regulators sound alarm on stablecoins

South Korean payments firm Kakaopay tumbles 17% as regulators sound alarm on stablecoins

Shares of Kakaopay dropped sharply after volatile trading as regulators warn of risks tied to widespread stablecoin adoption. Shares of South Korean digital payments firm Kakaopay tumbled as much as 17% on June 27 after trading resumed Thursday, following a…

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Dow Jones up 500 points as trade and Fed optimism sweeps the market

S&P 500 broke its record as traders welcome good news on trade...

Aptos hits milestone as RWA on-chain breaks $540m

Aptos has hit a key milestone in the real-world asset market, as...

Aptos hits milestone as RWA on-chain breaks $540m

Aptos has hit a key milestone in the real-world asset market, as...

Trump backs Bitcoin adoption amid claims it could ease pressure on the dollar

Trump’s endorsement of Bitcoin could accelerate its mainstream adoption, potentially reshaping global...