South Korea’s KOSPI Soars 30% on Won-Backed Stablecoin Pledge: Boom or Bust?
Korean Stocks Surge on President Lee’s Won-Backed Crypto Pledge: Brilliance or Bubble? South Korea’s financial markets are on fire in the first half of 2025, with the KOSPI index skyrocketing nearly 30% year-to-date, fueled by President Lee Jae-myung’s audacious commitment to support stablecoins pegged to the Korean won. Crypto-linked stocks like Kakao Pay have doubled […]
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