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Korean Media: SK Hynix Plans to Build New Headquarters in Gangnam, Seoul
Odaily News SK Group is pushing forward with the acquisition of the former Le Méridien Seoul site in Gangnam-gu, Seoul, and plans to build the SK Hynix headquarters. Reports indicate that the site is approximately 1 kilometer from the Samsung Group headquarters, "Samsung Town." SK Group Chairman Chey Tae-won is said to have requested that the new building be "5 meters taller than Samsung's."Currently, the specific method of participation in the project has not been finalized. Options including land acquisition, equity in the project company, or the pre-purchase of office buildings are still under discussion. (Asia Economy)
Iranian Armed Forces: US Interference in the Strait of Hormuz Will Be Met with Retaliation
according to the Islamic Republic of Iran Broadcasting on the 2nd, the Khatam al-Anbiya Central Headquarters of the Iranian Armed Forces issued a statement that day, stating that the Iranian armed forces will respond "decisively and swiftly" to any US interference in the Strait of Hormuz.The statement said that the Strait of Hormuz is by no means a place for the United States to act recklessly. The security and stability of this crucial waterway are a "red line" for the Iranian armed forces. The statement indicated that all oil tankers and commercial vessels wishing to safely pass through the Strait of Hormuz must follow the shipping routes designated by Iran. Any failure to comply with or deviation from the designated routes, or any disregard for navigation regulations, will be met with a response from the Iranian armed forces and will endanger the safety of the violating vessels themselves. (Xinhua News Agency)
U.S. CFTC Cancels Plan to Relocate to SEC Office, to Renew Lease of Current Headquarters for 5 Years
According to Reuters, the U.S. Commodity Futures Trading Commission (CFTC) has canceled its plan to relocate to the U.S. Securities and Exchange Commission (SEC)’s office and will remain at its current headquarters.
The Liberal Democratic Party (LDP) has proposed a next-generation financial vision integrating AI and blockchain; three major banks plan to issue stablecoins by March next year.
According to CoinPost, Japan’s Liberal Democratic Party (LDP) Digital Society Promotion Headquarters’ “Next-Generation AI & On-Chain Finance Vision Project Team” released a policy proposal on May 19, advocating the integration of AI and blockchain to automate and enable 24/7 operation of decision-making, financing, and asset management—and designating finance as the “18th Growth Investment Sector.” Specific measures proposed in the document include: advancing tokenization of demand deposits at the Bank of Japan (including wholesale CBDC), with conceptual frameworks to be finalized by year-end; joint issuance of a stablecoin by Japan’s three major banks, targeting the launch of live operations by March next year; and promoting on-chain tokenization of real-world assets (RWAs), such as accounts receivable and real estate. At the international cooperation level, the proposal calls for establishing an “AI & On-Chain Finance Asia Policy Dialogue Framework” and advancing cross-border settlements using yen-denominated stablecoins, thereby realizing the “Global SC Corridor Vision.”
Israeli Defense Minister: “We’re waiting for U.S. approval to completely eliminate the Iranian regime.”
According to Xinhua News Agency, Israeli Defense Minister Yoav Gallant, in a video statement on the 23rd, declared that Israel is prepared to resume military operations against Iran, with the Israeli Defense Forces (IDF) ready for both defensive and offensive action and targets already identified. Gallant stated that Israel is awaiting the United States’ “green light” to “completely eliminate the Iranian regime,” and that the IDF stands ready to deliver “devastating strikes” against Iran’s “most vulnerable locations.” Israel’s Channel 12 Television reported that Gallant chaired a special situational assessment meeting at the IDF General Staff Headquarters that day, attended by senior IDF commanders and defense establishment officials. After the meeting, Gallant said the IDF is fully prepared to resume military operations against Iran at any time. The operational plan includes striking Iran’s top leadership “successors,” key energy and power infrastructure, and economic infrastructure—aimed at plunging Iran back into a “dark Stone Age.”