US EditionKakaopay Shares Slide on Stablecoin Risk Warnings, While South Korea Returns as Crypto Powerhouse
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7 Articles
With an ambitious stablecoin offensive, the Asian country is currently trying to expand its role as a crypto location – and at the same time strengthen its own currency. Source: BTC-ECHO BTC-ECHO
South Korean payments firm Kakaopay tumbles 17% as regulators sound alarm on stablecoins
Shares of Kakaopay dropped sharply after volatile trading as regulators warn of risks tied to widespread stablecoin adoption. Shares of South Korean digital payments firm Kakaopay tumbled as much as 17% on June 27 after trading resumed Thursday, following a…
Kakaopay shares rally ends after stablecoin warning
South Korea remains one of the strong crypto regions, making a return in 2025. Despite this, Kakaopay is facing headwinds on its stablecoin adoption. South Korea is facing a resurgence of interest in crypto, reviving older projects and stablecoin usage. However, regulatory pressures are curbing some of the growth, especially when it comes to stablecoin issuers. Recently, the shares of Kakaopay broke their 2025 rally, coming down from their pea…
CoinStats - Kakaopay shares rally ends after stablecoin w...
South Korea remains one of the strong crypto regions, making a return in 2025. Despite this, Kakaopay is facing headwinds on its stablecoin adoption. South Korea is facing a resurgence of interest in crypto, reviving older projects and stablecoin usage. However, regulatory pressures are curbing some of the growth, especially when it comes to stablecoin issuers. Recently, the shares of Kakaopay broke their 2025 rally, coming down from their pea…
[Digital Daily Reporter Ki-Hoon Kang] Danal, a company specializing in integrated payment business, announced a roadmap on the 27th to preempt the real-use payment market in line with the domestic stablecoin institutionalization movement. The plan is to commercialize the system immediately after the implementation of the system by including stablecoin payment in the PG infrastructure and organizing a response system in terms of technology, oper…
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