Business

The Tech Crackdown Bites Korea Inc.

Buyers are promoting expertise shares in a significant Asian economic system on regulatory worries simply as one of many nation’s largest on-line cost firms is about to go public. China? No, it’s South Korea.

Shares of South Korean web firms took successful final week after the nation’s monetary regulators stated fintech platforms promoting merchandise like insurance coverage or funds aren’t mere advertisers, however should get monetary licenses, too.

https://www.wsj.com/articles/the-tech-crackdown-bites-korea-inc-11631527656?mod=rss_markets_main | The Tech Crackdown Bites Korea Inc.

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