• About Us
  • Careers
  • Contact
No Result
View All Result
Tuesday, September 23, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Kakao Advances into Korean Won Stablecoin Market with Trademark Filings

23 June 2025
in News, Stablecoins
Reading Time: 3 mins read
108 2
Home News

Kakao Pay has taken a significant step toward launching a Korean won (KRW) stablecoin.  

The company recently filed 18 trademark applications with the Korean Intellectual Property Office, combining “KRW” with letters representing Kakao Pay, such as “K” and “P.” These trademarks include variations like “KRWKP,” “KWRP,” and “KPKRW,” and cover services related to virtual asset financial transactions, electronic transfers, and brokerage activities.

🇰🇷Kakao Pay has launched a Korean won stablecoin project and filed 18 trademarks like “KRWKP” as South Korea advances a digital assets law that would legalize private KRW stablecoins, with Nexusth also aiming to be the first issuer.https://t.co/oHPVVHugTk pic.twitter.com/lrQjfCwpy5

— Telo News (@Telo_Official) June 23, 2025

While Kakao Pay has not disclosed detailed plans, it confirmed the trademark filings are a proactive measure in preparation for its stablecoin business. Industry insiders interpret this move as Kakao’s strategic effort to secure branding rights ahead of the anticipated launch of its won-backed stablecoin amid evolving regulatory frameworks.

The Digital Asset Basic Act in South Korea allows private entities to issue won-backed stablecoins, increasing market competition. Nexon subsidiary Nexth aims to become the first issuer of a won stablecoin, highlighting interest from gaming companies.

Kakao Pay is in the early stages of preparing for the release of a stablecoin, aiming to establish a strong brand that integrates the Korean won and its corporate identity. The entry of major players like Kakao and Nexth is expected to intensify competition in the Korean stablecoin market as the Digital Asset Basic Act moves forward.

This development marks a pivotal moment in South Korea’s digital asset landscape, potentially accelerating the adoption of stablecoins backed by the national currency. Market participants and regulators alike will closely monitor the development of these initiatives.

Notably, The FSC plans to introduce implementation measures for spot crypto ETFs in the second half of 2025. The roadmap includes developing the necessary regulatory framework and infrastructure to list and manage these ETFs while ensuring investor protection and assessing potential risks to the economy. This initiative is part of a broader effort to integrate digital assets into South Korea’s traditional financial markets, including phased approvals for institutional investors to trade cryptocurrencies.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share64Tweet40Share11
Previous Post

Ether Whales Bet Big on Price Rebound Despite Middle East Conflict and Market Uncertainty

Next Post

Sequans Communications Launches $384 Million Bitcoin Treasury Initiative

Bobby Okposin

Bobby Okposin

Related Posts

source: coincentral.com
Crypto

Midas Unveils mXRP, a First-of-Its-Kind Yield Product for XRP in DeFi

22 September 2025
source: ft.com
Crypto

UK Accelerates Crypto Firm Approvals, Targets Full Regulation by 2026

22 September 2025
MicroStrategy to Redeem $650M of its Convertible Notes in July 2024
Bitcoin

MicroStrategy Adds 850 BTC as Fed Cuts Interest Rates

22 September 2025
source: news.bitcoin.com
Crypto

Asia Surges Ahead in Global Crypto Adoption, Outpacing U.S. and Europe

22 September 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

Do Tokenized Stocks Confuse Investors? Risks You Should Know

3 days ago

Can Europe’s Stablecoin Ambitions Withstand Pressure From the US and China?

4 days ago

Your Weekend Crypto Roundup | September 2025 (Week 3)

4 days ago

Crypto, Privacy, and Judicial Authority in the United States

5 days ago

Balancing Promise And Uncertainty As Crypto Enters UK Retirement Portfolios

5 days ago

India’s OECD Crypto Reporting Rules: Possible Impact on The Market

6 days ago
Read More

Events

Korea Blockchain Week 2025
Korea Blockchain Week 2025
22 Sep 25
Seoul
Blockchain Life 2025
Blockchain Life 2025
28 Oct 25

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Moonbirds and Azuki IP Coming to Verse8 as AI-Native Game Platform Integrates with Story

bychainwire
23 September 2025
0

ETH-Based Little Pepe Raises $26M in Presale

bychainwire
23 September 2025
0

Seoul Exchange, One of Only Two Licensed Platforms For Unlisted Securities, Will Exclusively Use Story To Settle Tokenized RWAs

bychainwire
22 September 2025
0

BitMine Immersion (BMNR) Announces Pricing of $365.24MM Registered Direct Offering At $70 per share

bychainwire
22 September 2025
0

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

bychainwire
22 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00