Asia Business Daily Signs MOU with ASEAN-Korea Centre to Launch 'Global Digital Asset Forum'

Supporting the Inflow of Global Capital for Domestic Innovative Companies

Expanding Digital Financial Cooperation with ASEAN Countries

Jang Beomsik: "Building the Next-Generation Platform"

The Asia Business Daily is stepping up efforts to promote policy and industry cooperation between Korea and ASEAN in the fields of digital assets and fintech.

Jang Beomsik, CEO of The Asia Business Daily (left), and Kim Jaesin, Secretary General of the Korea-ASEAN Center, attended the 'The Asia Business Daily-Korea-ASEAN Center Global Digital Asset Forum Promotion Cooperation Agreement Signing Ceremony' at the Korea-ASEAN Center in Jung-gu, Seoul on the 28th. They shook hands after completing the agreement. Photo by Kang Jinhyung

On May 28, The Asia Business Daily signed a Memorandum of Understanding (MOU) at the Korea-ASEAN Center in Jung-gu, Seoul, for the successful planning and promotion of the 'Global Digital Asset Forum' (tentative name). The Korea-ASEAN Center is an international organization dedicated to enhancing cooperation in the economic, social, and cultural sectors between the governments of Korea and the 10 ASEAN countries.

Through this agreement, the two organizations have agreed to work together to ensure that the forum evolves into a platform that expands domestic dialogue in the digital asset and fintech sectors, rather than being a one-off event. They will also cooperate to turn the forum into a platform that facilitates exchanges among innovative companies, startups, and investors in digital assets and fintech. In addition, they will support the expansion of growth opportunities for promising domestic companies and the inflow of global capital and partnerships.

Jang Beomsik, CEO of The Asia Business Daily (left), and Kim Jaeshin, Secretary General of the Korea-ASEAN Center, are posing for a commemorative photo after signing the Memorandum of Understanding for cooperation in promoting the Asia Business Daily-Korea-ASEAN Center Global Digital Asset Forum, held on the 28th at the Korea-ASEAN Center in Jung-gu, Seoul. Photo by Kang Jinhyung

The scope of cooperation includes: ▲ expanding participation from ASEAN governments, regulatory agencies, and industry stakeholders; ▲ exploring potential collaborations with ASEAN fintech and digital asset institutions; ▲ considering ways to facilitate exchanges among key ASEAN industry stakeholders, innovative companies, and investors through the forum; and ▲ promoting participation of ASEAN startups and fintech companies.

The Asia Business Daily will oversee the planning and operation of the forum, leveraging its media and platform capabilities to boost the forum's external reach and enhance its global recognition. The Korea-ASEAN Center, as a public institution, will provide advice and opinions within the scope of its expertise and experience.

Jang Beomsik, CEO of The Asia Business Daily, is delivering a greeting at the signing ceremony of the Memorandum of Understanding for the promotion of the Asia Business Daily-Han ASEAN Center Global Digital Asset Forum held on the 28th at the Han ASEAN Center in Jung-gu, Seoul. Photo by Kang Jinhyung

Jang Beomsik, CEO of The Asia Business Daily, stated, "Recently, stablecoins have rapidly become core infrastructure in the digital asset industry and are emerging as the most practical and important area for connecting the global financial system with the real economy. Through the Global Digital Asset Forum, we aim to go beyond a simple event or conference and establish a global leading digital asset platform in which policymakers, central banks, supervisory authorities, global financial institutions, exchanges, big tech companies, and investors all participate."

He added, "By expanding connections with the central banks, financial supervisory authorities, digital asset associations, fintech, and Web3 companies of ASEAN countries, we expect to create a new foundation for digital financial cooperation between Korea and ASEAN. Going forward, the Global Digital Asset Forum will grow into a platform where the most practical and strategic discussions on stablecoins, tokenization, digital payments, global regulatory cooperation, and next-generation financial infrastructure take place."

Kim Jaesin, Secretary General of the Korea-ASEAN Center, said, "As the world moves rapidly, we will cooperate so that our country can play a leading role in the international financial sector."

This content was produced with the assistance of AI translation services.