News list for " cocoa"
On December 2nd, according to Dlnews, two major South Korean tech giants, Naver and Kakao, will compete fiercely in the field of stablecoins, and both sides plan to issue stablecoins pegged to the Korean won. Analysts believe that Naver's acquisition of Upbit will give it an advantage. Naver plans to combine its electronic payment platform Naver Pay with the Upbit exchange platform and Dunamu's Giwachain blockchain network. Naver's stablecoin could be launched on the Giwachain blockchain for pay...
Kakao Bank, the digital banking arm of South Korean IT giant Kakao, has advanced its plans for a stablecoin pegged to the Korean won to the actual development stage. Its website shows that it is hiring back-end developers for blockchain services. Key requirements include: in-depth knowledge of smart contracts, familiarity with token standards, and experience in transaction management and full-node operations.
Kakao's Kaia plans to launch a won stablecoin, which will be integrated into payment systems such as KakaoPay. Kaia registered four trademarks related to KRW earlier this month; Kakao and Kakao Pay are members of its governance committee, and the South Korean parliament is considering a new bill that would establish licensing and reserve requirements for stablecoin issuers, providing a path to compliance.
South Korean Internet Tech Giants Kakao established a stablecoin task force. Kakao CEO Shina Chung, Kakao Pay CEO Shin Won-keun, and Kakao Bank CEO YoonHo-young will attend weekly meetings to discuss various scenarios and tasks related to the project. Other subsidiaries, including Kakao Games, are expected to join in the future. In addition, it has established working groups involving lower-level employees of the subsidiaries to actually advance the proposed agenda.
On June 23rd, according to the Seoul Economic Daily, South Korean payment giant Kakao Pay has officially launched the Korean won stablecoin business. The company applied to the Korean Patent Office for 18 trademark rights on June 17th. These trademarks combine "KRW" (Korean won symbol) with "K" and "P" representing Kakao Pay, such as "KRWKP", "KWRP" and "KPKRW". These trademarks are classified as virtual asset financial transactions, electronic transfer and intermediary business. Kakao Pay said ...
As gold prices continue to expand, market participants have even raised a bold question: "Will gold follow the 'cocoa route'?"; Click to view>& Gt;
