The IT infrastructure of Korea Exchange, providing the Koscom affiliate, requested five trade brands linked to the stable reserve, in addition to reorganizing its crypto and digital asset departments.
The South Korean media Seoul Finance said that the company had recorded brands for the KSDC, KRW24, KRW365, Koswon and Korwon brands.
The point of sale wrote that Koscom wanted to “respond proactively” to the imminent launch of the Stablescoin Krw market in South Korea.
Koscom Stablecoin plans “booming”
KOSCOM (officially the Korea Securities Computing Corporation) provides complete technological solutions and trading platforms to the financial and ultimate financial markets from South Korea.
It was co -founded by the central government and the Korea Stock Exchange, the country’s scholarship. The latter remains the largest shareholder in Koscom.
Koscom has also provided commercial platform solutions for securities scholarships in several countries in Southeast Asia. He worked with the stock markets in Laos, Cambodia and Malaysia.
Experts expect the government to deploy new cryptographic regulations in the coming months. They believe that Seoul will bring these regulations together with new rules for labeled stabls.
Observers believe that companies will be able to market their “long -term long -term” offers wrote the media.
Koscom has also widened and reorganized its future sales division. He launched a “working group on the promotion of digital asset companies”, which now comes directly from the CEO of the company.
This unit launched a concept proof (POC) for Stablecoin technology. He also examines the ways in which the company could use KRW Stablecoins “as a means of payment during the subscription and distribution processes”.
He wants to use these parts to help him “stimulate the convenience and stability of payments”, wrote the point of sale. Kim Wan-Seong, the head of the working group, said:
“Stablecoins emerge on a global scale. They have become a new means of payment. Koscom (…) will help advance the digital asset market in accordance with stable trends. ”
Banks await the approval of the Stable of Seoul
Dozens of large South Korean companies have recorded similar brands in recent weeks. Banks have been particularly eager to develop Stablecoin plans, as many legislators still insist that only large financial institutions should be authorized to launch KRW coins.
In recent weeks, the heads of the largest banks in South Korea have had interviews with managers of the USDT Tether transmitter, as well as the Circle of the USDC transmitters.
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