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South Korean Internet Giant Kakao Establishes Stablecoin Special Task Force

Summary: According to reports from Daily Economic News, South Korean internet giant Kakao has established a stablecoin special task force. Kakao's CEO Shina Chung, Kakao Pay's CEO Shin Won-keun, and Kakao Bank's CEO Yoon Ho-young will attend weekly meetings to discuss various aspects and tasks related to the project. Other subsidiaries, including Kakao Games, are expected ...

According to reports from Daily Economic News, South Korean internet giant Kakao has established a stablecoin special task force. Kakao's CEO Shina Chung, Kakao Pay's CEO Shin Won-keun, and Kakao Bank's CEO Yoon Ho-young will attend weekly meetings to discuss various aspects and tasks related to the project. Other subsidiaries, including Kakao Games, are expected to join in the future. Additionally, a task force involving grassroots employees from subsidiaries has been established to actively advance the proposed agenda.

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