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On August 26, according to Yonhap News Agency, Shinhan Financial Group announced today that it has signed a strategic business agreement with Visa to jointly promote future financial services such as digital assets. Shinhan Financial Chairman Cho Yong-bong and Visa President Chris Newkirk signed the agreement on the 25th at Shinhan's headquarters in Seoul, marking the concrete realization of discussions on cooperation held by both management teams in April. Under the agreement, Shinhan Financial will utilize Visa's stablecoin platform to verify core functions such as issuance, remittance, and repayment, and will collaboratively design a business model suitable for the South Korean financial environment. The two parties will also cooperate on the application of stablecoins in financial services such as card settlement, AI payment models, and the expansion of B2B/B2C payment services. Shinhan Financial plans to combine the capabilities of its major subsidiaries, including banks, credit cards, and Jeju Bank, with Visa's network and technology to address changes in the financial environment. Cho Yong-bong stated, 'Our long-term partnership with Visa will extend to all areas of digital finance, and we will work together to design new financial models for the future, providing customers with differentiated financial experiences.'

On August 26, according to Yonhap News Agency, Shinhan Financial Group announced today that it has signed a strategic business agreement with Visa to jointly promote future financial services, including digital assets. Shinhan Financial Chairman Jin Ok-dong and Visa President Chris Newkirk signed the agreement on the 25th at the Seoul headquarters, marking the concrete realization of discussions on cooperation held by both management teams in April. According to the agreement, Shinhan Financial will utilize Visa's stablecoin platform to validate core functions such as issuance, remittance, and repayment, and will collaboratively design a business model suitable for the South Korean financial environment. The two parties will also cooperate on the application of stablecoins in financial services such as card settlements, AI payment models, and the expansion of B2B/B2C payment businesses. Shinhan Financial plans to combine the capabilities of its major subsidiaries, including banks, credit cards, and Jeju Bank, with Visa's network and technology to address changes in the financial environment. Jin Ok-dong stated, 'The long-term partnership with Visa will extend to the entire field of digital finance, and we will work together with Visa to design new future financial models that provide differentiated financial experiences for our customers.'

On August 26, American reality TV star Kylie Jenner's X account was suspected to have been hacked to promote a Meme coin named KYLIE. The token's market value once reached approximately $1.2 million but subsequently plummeted, with its current market value at only $2,800. Currently, Kylie Jenner's X account has deleted the related Meme promotion information.