Key Takeaways
Why does South Korea get to be the next big thing in AI/crypto? 🤔
According to Cardano’s founder, Charles Hoskinson, it’s all about government backing and a clear set of rules. In other words, it’s like setting up a buffet, and everyone’s invited. 🍽️
Will Cardano cash in on it? 💸
Well, it’s more likely if South Korea decides to cozy up with Cardano’s Midnight, the privacy-focused gem. It’s like swiping right on the future! 😏
Charles Hoskinson, the Ethereum [ETH] co-founder turned Cardano [ADA] maestro, has his eyes on South Korea. A country that’s, apparently, destined to take the AI-blockchain marriage to the next level. 💍
In an exclusive chat with The Korea Herald, he revealed his excitement about how blockchain could shake up Korea’s main industries-like manufacturing, supply chain, and those fancy electronics we all adore. 🛠️💻
“Several projects in Korea have us on the edge of our seats, and we see a massive chance for blockchain to shine. The marriage of blockchain and AI? It’s a love story for the ages.”
This rosy outlook aligns perfectly with South Korea’s government, which is generously throwing around a $70 billion fund for AI. 🌍💰
But will Cardano really make a profit here? 💰📈
According to our blockchain sage, Charles, tech giants like Samsung are already dabbling in blockchain, with crypto wallets on their Galaxy phones. Imagine if this trend spread to other sectors-it could mean transparency, efficiency, and a truckload of innovation for the AI world! 🚀
He added that the ongoing regulatory clarity will likely fuel widespread adoption across Asia. A bit like saying, “Hey, here are the rules, now go wild!” 🤩
“Adoption is through the roof, and evolving rules around taxes and digital assets are making it easier to play the game. Plus, it’s good for consumer protection-so everyone’s a winner!”
In South Korea, about 25% of adults already own crypto, and stablecoins are quickly becoming the next hot thing. The government is even cooking up legislation (the Digital Asset Basic Act, or DABA) to make things even clearer for the crypto crowd. 🏛️
With the rules on the table, South Korea’s retail market and enterprises can dive into crypto and blockchain for all kinds of creative uses. During the interview, Hoskinson didn’t miss a chance to plug Cardano’s Midnight, claiming it’s perfectly suited for this new frontier. 👌
He pitched Midnight as a key player in South Korea’s mission to revolutionize AI, healthcare, and even government tech. Sounds like Cardano could be on a first-class ticket to the future! 🏆
“Stablecoins, healthcare, and GovTech are big opportunities. Midnight is the bridge between privacy and compliance-making it safe and regulated for everyone to use stablecoins. In healthcare, blockchain can protect data, secure trials, and improve patient care. A win for everyone!”
Now, if the momentum grows as expected-and spills over into Cardano-it could boost the Total Value Locked (TVL) and spur network growth. And yes, that could make ADA soar. But let’s not get carried away just yet… The DeFi ecosystem is still crawling through 2025. 🐢
As of now, the TVL has plummeted from 643 million ADA to 503 million ADA. The moral of the story? DeFi growth is taking its sweet time. 🕰️
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2025-10-13 16:00