KRW Stablecoin Strategy Briefing: Sept 19th, 2PM at Yeouido One IFC - Don’t Miss the Next Wave
Seoul's financial district braces for a crypto shakeup.
The Won goes digital—and everyone wants a piece.
Stablecoin players converge on One IFC this Thursday afternoon. No vague promises, just hard strategy. This isn't another meetup; it's a direct play for Korea’s payment future.
Forget 'cautious interest.' This is about deployment.
Local banks? Watching closely. Exchanges? Already circling. The FSA? Probably drafting new guidelines by coffee break.
One thing's clear: traditional finance hates disruption—unless they’re leading it. The real question isn’t if KRW stablecoins dominate, but who controls the flow.
Another 'innovation' that lets old money pretend it's new.
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ITC shares jump 1.53% as cigarettes retain current GST rate
The GST reforms will reduce rates on essential FMCG products from 18 per cent to 5 per cent, covering key categories including hair oil, shampoo, toothpaste, toilet soaps, and shaving cream — products that form a substantial portion of HUL’s portfolio. Bread will see GST elimination entirely, while pasta and noodles will MOVE from 12 per cent to 5 per cent.
Multiple brokerages have expressed positive outlooks for the consumer goods sector. CLSA identified HUL among top beneficiaries, noting that food and home & personal care products will benefit most from the reforms. Goldman Sachs highlighted HUL alongside Britannia, Colgate, and Dabur as key beneficiaries in the FMCG space.
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GST 2.0 reforms drive market rally as Nifty eyes 25,000 mark
The timing appears strategic, coming just ahead of the festive season when consumer demand typically peaks. UBS noted that the reforms boost consumer sentiment and are particularly supportive for FMCG companies. Trading volume reached 11.35 lakh shares worth ₹308.44 crore by mid-morning.
Market analysts expect companies will pass on the GST benefits to consumers, potentially driving higher volumes and improved earnings in the upcoming quarters while easing inflationary pressures on essential goods.
Published on September 4, 2025
Companies to follow- Hindustan Unilever Ltd
