ChainCatcher news, according to the official announcement, Upbit will launch MOODENG trading pairs with KRW, BTC, and USDT. It is expected to open at 17:00 local time on July 3.

According to ChainCatcher news, the Daily Economic News reported that the South Korean Presidential Policy Planning Committee recently held a meeting with financial regulatory agencies to discuss the issuance conditions and regulatory framework for stablecoins denominated in Korean won. The virtual asset task force under the committee also listened to supplementary reports from regulatory agencies, focusing on key issues such as capital requirements for issuers. It is said that regulatory authorities emphasized the need to establish clearer issuance standards to restrict the entry of small cryptocurrency companies that lack sufficient funding.

ChainCatcher news, South Korean cryptocurrency exchange Upbit's parent company Dunamu has confirmed that it will collaborate with Naver Pay to promote the Korean won stablecoin payment business. The project is led by Naver Pay, with Dunamu assisting, and plans to further clarify cooperation details after relevant regulations are established. Recently, South Korean Democratic Party lawmaker Min Byeong-deok proposed the "Basic Law on Digital Assets," allowing the issuance of stablecoins denominated in Korean won. Financial technology companies and commercial banks are also preparing to issue stablecoins by applying for trademarks for their own brands.

ChainCatcher news, South Korea's IBK Industrial Bank and Shinhan Financial Group have applied for trademarks for the Korean won stablecoin. It is reported that IBK Industrial Bank applied for 10 trademarks such as "IBKKRW", "IBKRW", and "ONEIBK" on the 27th. These trademarks are intended for use in areas such as "stablecoin electronic transfer services" and "blockchain-based digital asset management services." Shinhan Financial Group applied for 21 trademarks related to stablecoins, including "KRWSHB", "SFGKRW", and "SHKRW" on the 26th, with application projects including "cryptocurrency financial trading services" and "cryptocurrency intermediary services."

ChainCatcher news, according to Maeil Business Newspaper, the CBDC project led by the Bank of Korea has been suspended before the second round of testing. The decision to suspend the CBDC project was made due to an increase in complaints from banks participating in the pilot project and growing discussions about introducing a Korean won stablecoin.Currently, Korean banks KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, IBK Company, iM Bank, Suhyup, and K-Bank are participating in the open blockchain and DIDIA project to lead the issuance of stablecoins in the banking sector, while Busan Bank, Gyeongnam Bank, and Toss Bank are also considering joining.

ChainCatcher news, Bithumb will launch the SYRUP KRW trading pair.

ChainCatcher news, according to the official announcement, Upbit will launch the SAHARA KRW, BTC, and USDT trading pairs.

ChainCatcher news, according to the Seoul Economic Daily, South Korean payment giant Kakao Pay has officially launched its won stablecoin business. The company applied for 18 trademark rights to the Korean Patent Office on June 17, which combine the "KRW" (won symbol) with letters representing Kakao Pay, such as "K" and "P", including trademarks like "KRWKP", "KWRP", and "KPKRW". These trademarks are classified in areas such as virtual asset financial transactions, electronic transfers, and intermediary services.Kakao Pay stated that although "specific plans have not yet been determined," this is "a preliminary registration of trademark rights for the stablecoin business." Industry insiders believe that Kakao Pay's move is aimed at seizing market opportunities, especially in the context of the South Korean political arena proposing the "Basic Law on Digital Assets," which would allow private enterprises to issue won stablecoins.

ChainCatcher news, according to the official announcement, Upbit will launch RAY/KRW and RAY/USDT trading pairs.

ChainCatcher news, according to the official announcement, the South Korean cryptocurrency exchange Bithumb will list WIF and POKT tokens on the KRW market.

ChainCatcher news, according to a tweet from KaiaChain Chairman Sam Seo, Kaia is actively promoting the issuance of a Korean Won (KRW) stablecoin. As a result of this news, the $KAIA 24H increase reached 15%.Previously, Kaia successfully launched the native USDT, and the next step will be to use the Korean Won stablecoin as a breakthrough to accelerate ecological development. Sam Seo emphasized that Kaia's predecessor, Klaytn, had deeply participated in the South Korean central bank's CBDC project, laying the foundation for the stablecoin layout.

ChainCatcher message, according to Upbit's announcement, Ravencoin (RVN) will be listed on the KRW market on June 5.

ChainCatcher news, South Korea's left-wing party candidate Lee Jae-myung has been elected as the new president of South Korea with a vote rate of 49.42%, defeating his right-wing opponent Kim Moon-soo who received 41.15%. Lee Jae-myung has promised to vigorously develop South Korea's cryptocurrency industry, with key policies including: allowing local adoption of spot cryptocurrency ETFs, establishing a Korean won stablecoin market, improving the regulatory framework for digital assets, and reducing blockchain regulation in specific areas to promote innovation.South Korea is one of the largest cryptocurrency markets in the world, with 9.7 million trading users, accounting for about 20% of the total population. Unlike the previous president Yoon Suk-yeol's unfulfilled promises of being crypto-friendly, Lee Jae-myung is expected to push for the implementation of his cryptocurrency policies against the backdrop of a shift in attitude from the Financial Services Commission.

ChainCatcher news, South Korean cryptocurrency exchange Bithumb will launch the B3 token on the Korean won market.

ChainCatcher news, according to Yonhap News Agency, the Bank of Korea emphasized that if a stablecoin backed by the Korean won is launched, the central bank should intervene from the initial approval stage. Ko Kyeong-cheol, head of the Bank of Korea's electronic finance team, stressed at a recent financial law conference that stablecoins could significantly impact the central bank's ability to implement policies related to monetary policy, financial stability, and payment settlement.He emphasized that the Bank of Korea should play a role in the approval process to minimize the potential negative effects of digital assets on the central bank's policy objectives.

ChainCatcher news, according to the official announcement, the South Korean cryptocurrency exchange Bithumb will launch KERNEL on the KRW market.

ChainCatcher news, according to the official announcement, Bithumb has announced that it plans to suspend KRW deposit and withdrawal services on March 24 due to maintenance of the bank transfer system. The planned suspension time is: 2025.3.24 (Monday) 00:30 KST ~ 2025.3.24 (Monday) 11:00.