Chomii
@youdalgood
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📌One-Sentence Summary
Busan Digital Asset Exchange (BDAN) plans to turn physical assets into digital ones using blockchain, making trading easier and helping Busan become a global blockchain hub.
📌Background
Busan has strong infrastructure, making it a great place for digital finance growth. BDAN wants to digitize assets like gold, coffee, and real estate to create more investment opportunities. It also aims to make trading safer and more transparent using blockchain technology.
📌Impact
If successful, BDAN will open new financial markets, making asset investment easier for more people. Busan could grow into a global blockchain city, boosting jobs, the economy, and tourism. Government support and clear regulations will be key to its success.
💭I live in Busan, so I’m interested in job creation and population issues here.I hope it turns out well and helps Busan become a city where more young people can find great job opportunities.
https://www.fnnews.com/news/202503171851090804 1 reply
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📌One-Sentence Summary
Seoul apartment transactions hit the highest level since August, driven by deregulation and expectations of interest rate cuts, with prices soaring, especially in the Gangnam area.
📌Background
After Seoul lifted land transaction permit zones on February 13, transactions surged, particularly in deregulated areas. Anticipation of an interest rate cut by the Bank of Korea, eased loan regulations, and the upcoming "Phase 3 Stress DSR" in July have further stimulated buying sentiment.
📌Impact
With Seoul apartment prices rising rapidly, the real estate market risks overheating. The Seoul city government may consider reintroducing regulations, and potential changes in government lending and real estate policies could further influence the market.
💭Finding news on a Sunday is so tough... Today, I’m diving into South Korea’s real estate news!
https://www.news1.kr/realestate/general/5720556 3 replies
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📌One-Sentence Summary
Amid growing economic uncertainty caused by President Trump's tariff war, investors flocked to gold as a safe-haven asset, pushing gold futures to a record high of $3,005 per troy ounce (approximately 31.1g) for the first time.
📌Background
As U.S. tariff policies and stock market volatility increase, investors are seeking ways to hedge against economic uncertainty. Additionally, rising central bank gold purchases, expectations of Federal Reserve rate cuts, and inflation concerns have further fueled the surge in gold prices.
📌Potential Impact
With gold prices hitting an all-time high, investor preference for safe-haven assets is expected to strengthen. Moreover, if uncertainty in U.S. economic policy continues, gold prices could rise further, and central banks are likely to continue expanding their gold reserves.
💭Gold really is the best, huh...?🤔
https://www.investing.com/news/economy-news/gold-mounts-record-summit-eyes-3000-peak-3928667 0 reply
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