KakaoBank plans to enter the South Korean stablecoin market.

According to BlockBeats news on August 6, as reported by The Block, KakaoBank's Chief Financial Officer Kwon Tae-hoon stated at the performance briefing for the first half of 2025 that the bank is assessing the issuance and custody business of digital assets and is collaborating with the Kakao Group's stablecoin working group. KakaoBank has accumulated experience in real-name account issuance on cryptocurrency trading platforms, AML monitoring, and other risk management aspects, and has participated in the Central Bank's central bank digital currency pilot project in South Korea.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)