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Two South Korean Institutions Apply for Trademarks for Stablecoin

Summary: According to reports, South Korean IBK Enterprise Bank and Shinhan Financial Holdings have applied for trademarks for a stablecoin tied to the South Korean won. IBK Enterprise Bank applied for 10 trademarks including 'IBKKRW,' 'IBKRW,' and 'ONEIBK' on the 27th, intended for use in stablecoin electronic transfer and blockchain-based digital asset management. Shinhan Financial Holdings ...

According to reports, South Korean IBK Enterprise Bank and Shinhan Financial Holdings have applied for trademarks for a stablecoin tied to the South Korean won. IBK Enterprise Bank applied for 10 trademarks including 'IBKKRW,' 'IBKRW,' and 'ONEIBK' on the 27th, intended for use in stablecoin electronic transfer and blockchain-based digital asset management. Shinhan Financial Holdings applied for 21 trademarks including 'KRWSHB,' 'SFGKRW,' and 'SHKRW' on the 26th, related to stablecoin financial trading and intermediary services. (Sedaily)

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