Kakao
China turns against stablecoins; Sony preps PlayStation stable
China's central bank targets stablecoins amid regulatory challenges, while South Korea pushes for stablecoin legislation to advance digital finance.
South Korea’s Kakao, Naver merge blockchain projects to launch ‘kaia’
The two companies were behind Klaytn and Finschia blockchain projects, which had a combined market cap of $876 million and...
South Korea’s KakaoBank considers partnerships with digital currency exchanges
During the company's quarterly business performance conference, KakaoBank's CEO Yun Ho-young revealed that the bank is currently reviewing a partnership...
Here’s how Bank of Korea’s CBDC pilot is taking shape, as explained by blockchain exec
The pilot is to take part over two stages, with the initial basic testing phase set to conclude by December...
South Korean internet companies vie for digital currency pilot
Subsidiaries of Naver and Kakao are reported to have submitted proposals to run the 10-month blockchain pilot program, which will...
Upbit-linked crypto wallet BitBerry to shut down
South Korean crypto wallet Bitberry is set to shut down at the end of this month, blaming the crypto market...
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