Express
KakaoBank Plans to Enter South Korean Stablecoin Market
Summary: According to reports from The Block, KakaoBank's CFO Kwon Tae-hun announced during the first half of 2025 performance conference that the bank is evaluating digital asset issuance and custody services, and collaborating with Kakao Group's stablecoin working group. KakaoBank has accumulated experience in areas such as real-name account issuance on cryptocurrency exchanges, anti-money laundering monitoring, ...
According to reports from The Block, KakaoBank's CFO Kwon Tae-hun announced during the first half of 2025 performance conference that the bank is evaluating digital asset issuance and custody services, and collaborating with Kakao Group's stablecoin working group. KakaoBank has accumulated experience in areas such as real-name account issuance on cryptocurrency exchanges, anti-money laundering monitoring, and has participated in the Bank of Korea's central bank digital currency pilot project.
