BTCC
/
BTCC Square
/
Global Cryptocurrency
/
South Korea’s KB Kookmin Bank Leads Push for National Stablecoin Consortium
South Korea’s KB Kookmin Bank Leads Push for National Stablecoin Consortium
16
3
BTCCSquare news:
KB Kookmin Bank, South Korea’s largest financial institution, has filed 17 trademark applications for stablecoin-related branding, signaling a coordinated MOVE toward a won-pegged digital currency initiative. The filings include proposed ticker symbols like KBKRW and KRWST, covering blockchain-based transaction management systems.
Eight major banks—including Shinhan, Woori, and Standard Chartered Korea—are collaborating with blockchain associations to establish a stablecoin issuance framework. This consortium aligns with global central bank digital currency trends while leveraging private-sector efficiency.
By:
Previous
Hong Kong Mortgage Corporation Releases 2024 Annual Report Highlighting Financial Performance and ESG Initiatives
Next
Morgan Stanley Capital Partners Closes $3.2bn Fund VIII, Signaling Strong Investor Confidence
