Toss Bank* said it signed a strategic memorandum of understanding with the Solana Foundation in Seoul on June 19.
It called the agreement the first one-to-one strategic partnership between a South Korean internet-only bank and the foundation.
* β One of South Koreaβs three major internet banks, with over 14 million customers.
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President Trump has signed two Executive Orders to speed up advanced quantum computer development:
β‘οΈ Order 1 directs federal agencies, private sector, and academia to deploy a quantum computer capable of scientific research by 2028.
β‘οΈ Order 2 requires agencies and security experts to prepare for quantum systems that could break standard encryption sooner than expected.
The moves coincide with billions in new funding awarded by the Commerce Department to quantum companies.
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The report helped justify a one-week ban after a leaked medical exam paper. The ban has now been lifted, but the "edit old messages" feature remains disabled until June 30.
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OKX Europe CEO Erald Ghoos said about 80% of crypto exchanges will not survive MiCA, with ESMA* requiring unlicensed firms to stop offering services from July 1.
About 60% of European crypto users remain on non-MiCA platforms, according to Ghoos, with 20 of the EUβs 27 member states having already ended transition periods ahead of the bloc-wide cutoff.
* β European Securities and Markets Authority.
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