Korean Firms Choose Digital Asset Roles as Market Awaits Final Rules

TLDR: Korean institutions are choosing settlement, custody, or issuance roles before rules finalize. KB Financial completed a won-backed stablecoin trial covering issuance and remittance. Hana and Samsung invested a combined $1.08 billion into Upbit, Korea’s top exchange. Circle links local won networks to dollar stablecoins for cross-border settlement needs. Korean companies are showing what digital [...]

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