Korea Exchange’s IT provider KOSCOM applies for five stablecoin trademarks and reorganizes crypto departments. Seoul Finance reports trademarks for KSDC, KRW24, KRW365, KOSWON, and KORWON. KOSCOM prepares for the KRW stablecoin market launch in South Korea. The firm offers tech solutions to financial markets and plans to expand in Southeast Asia.

Government expected to introduce new crypto regulations soon, including rules for won-denominated stablecoins. Companies may commercialize offerings in the mid to long term. KOSCOM reorganizes its Future Business Division and creates a Digital Asset Business Promotion Task Force. The task force explores stablecoin technology and payment options.

KOSCOM aims to enhance payment convenience and stability with KRW stablecoins. Major South Korean companies register similar trademarks. Banks show interest in developing stablecoin plans, with talks held with Tether and Circle executives. South Korean banks engage with stablecoin issuers to explore opportunities.

Read more at Yahoo Finance: Korea Exchange Affiliate KOSCOM Applies for Stablecoin Trademarks