[Featured Stock] US Yellen Mentions Digital Currency, Logisys Soars 24.56%
[Asia Economy Reporter Park So-yeon] Logisys, a company specializing in financial automation devices, is showing strong performance.
As of 9:25 AM on the 24th, Logisys is trading on the KOSDAQ market at 8,420 KRW, up 1,660 KRW (24.56%) from the previous day.
The strength of Logisys is influenced by U.S. Treasury Secretary Janet Yellen's remarks regarding the digital currency being prepared by the U.S. central bank, the Federal Reserve.
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On the 22nd (local time), at the 'DealBook Conference' hosted by The New York Times, Secretary Yellen stated, "It is reasonable for the central bank to issue digital currency," adding, "Many Americans have difficulty accessing payment systems and bank accounts. A central bank-issued digital dollar would help in this situation."
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