KOSDAQ index rose 0.7% to 1063.75 driven by retail investors. Pharmaceutical biotech stocks like Alteogen and Samchundang Pharm surged, while optical communication and telecom equipment stocks rallied significantly amid positive market sentiment.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.