South Korean Tech Giant KakaoPay Enters Stablecoin Business With New Venture

Kakao Bank secures approval to establish Thailand's first digital bank

Kakao Bank has secured final approval to establish Thailand’s first digital bank, aiming to roll out services next year with the Thai financial company SCBX.

KakaoPay Stock Surges Over 200% After Filing for a KRW-Backed Stablecoin

KakaoPay files 18 KRW-related trademarks, preparing for stablecoin issuance. KakaoPay shares surge over 200% amid growing stablecoin market optimism. Political support boosts KRW stablecoin approval, aiding KakaoPay’s market entry. South Korean fintech firm KakaoPay has filed for 18 trademarks related to a potential Korean won (KRW)-backed stablecoin, a move that has sent its stock price soaring by more than 200% in the past month. The filings s…

South Korean Tech Giant KakaoPay Enters Stablecoin Business With New Venture

Stablecoin:- South Korea has been all in news for its pro-crypto actions. The country’s recently elected President Lee Jae-myung is making $884 billion Investment bet on crypto. In another latest pro-crypto update coming from the country, the South Korean payment company KakaoPay has decided to foray into the stablecoin sector. According to the reports, the The post South Korean Tech Giant KakaoPay Enters Stablecoin Business With New Venture app…

KakaoPay Shares Surge Amid Korean Stablecoin Plans - Blockchain & Cryptocurrencies Tabloid

KakaoPay's stock surged 208% with government-backed anticipation for Korean won-backed stablecoins. The post KakaoPay Shares Surge Amid Korean Stablecoin Plans appeared first on Blockchain & Cryptocurrencies Tabloid.