How Samsung, Kakao, and Naver Are Powering Korea's Stablecoin Push [Yahoo! Finance]
KB Financial Group Inc (KB)
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Source: Yahoo! Finance
Key Takeaways South Korea's major holding companies are rushing to partner with tech giants like Samsung in the wake of upcoming stablecoin regulations. The country's financial regulator is expected to introduce a new stablecoin bill before the end of 2025. Once approved, the stablecoin bill could pave the waysouth for private entities and banks to deal with regulated won-pegged stablecoins. South Korea's financial heavyweights are teaming up with the country's biggest tech firms to get ahead in what could become Asia's most ambitious stablecoin race. With stablecoin regulations set to land by year's end, major holding companies like KB, Shinhan, Hana, and Woori are scrambling to strike partnerships with platforms such as Samsung Electronics, Naver, and Kakao. The goal: to launch the country's first won-pegged stablecoins before regulators open the floodgates. The Stablecoin Bill That Could Change Korea's Financial Landscape The race began when South Korea's Financial
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- 1/9/26 - Form 6-K
- 1/9/26 - Form 6-K
- KB's page on the SEC website