Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
South Korea’s four major cryptocurrency exchanges Upbit, Bithumb, Coinone, and Korbit will launch a joint venture to help them comply with the “travel rule” in the upcoming implementation of anti-money laundering regulations.
The heads of the exchanges signed a memorandum to create the joint venture.
The travel rule requires virtual asset service providers, such as cryptocurrency exchanges and digital wallet providers, to reveal users' identities in virtual asset transfers of over 1 million won.
The travel rule, which is officially called the Act on Reporting and Using Specified Financial Transaction Information, is implemented by the Financial Action Task Force, an intergovernmental anti-money laundering watchdog.
The cryptocurrency exchanges joined forces to co-develop a system that can be used industrywide, including by other virtual asset operators.
The four cryptocurrency exchanges are the only virtual asset exchanges that collaborated with local banks to register real-name accounts.
Local lenders are typically concerned about risks associated with the cryptocurrency market.
