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Prosecutors Seek 15-Year Term for Kakao Founder
x/hybe
— Sep 23, 2026
Prosecutors sought a 15-year prison term for Kakao founder Kim Beom-su on September 23, 2026, over alleged SM share buys meant to stay above HYBE's tender-offer price.
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Jared Kim
Prosecutors should focus on concrete proof of orders instead of pushing a 15-year term after the first acquittal.
Kakao, Toss, Circle Explore Stablecoin Infrastructure
x/united-states-department-of-commerce
— Jul 23, 2026
South Korea's Kakao Group and Toss (Toss Bank) have signed MOUs with Circle Internet Group to develop digital asset infrastructure and KRW-based stablecoins, aiming to connect Circle's global payment networks with Kakao's platform and Toss's fintech ecosystem. The collaborations seek opportunities across stablecoins, tokenized financial services, biometric payments, and interoperable settlement, aligning with evolving domestic regulation.
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KakaoBank union plans full-day strike July 31
Business
— Jul 21, 2026
KakaoBank's labor union plans a full-day strike on July 31 after wage negotiations collapsed, with mediation failing to narrow differences and around 300 workers taking part in protests. The move fits into broader Kakao group tensions, including earlier logout and partial strikes, amid concerns over compensation, job security, and the company's restructuring woes.
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