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Tether and Circle Executives to Meet with CEOs of Major South Korean Banks
Summary: According to Decrypt, executives from Tether and Circle are set to hold talks this week with CEOs of several top financial groups in South Korea, including Jin Ok-dong, CEO of Shinhan Financial Group, and Ham Young-joo, CEO of Hana Financial Group. The discussions will focus on the potential distribution and use of USD stablecoins in ...
According to Decrypt, executives from Tether and Circle are set to hold talks this week with CEOs of several top financial groups in South Korea, including Jin Ok-dong, CEO of Shinhan Financial Group, and Ham Young-joo, CEO of Hana Financial Group. The discussions will focus on the potential distribution and use of USD stablecoins in South Korea, as well as the issuance of stablecoins backed by the Korean won. The meeting comes as South Korea prepares to introduce a stablecoin regulatory framework in October this year, with the ruling party and opposition holding differing views on stablecoin regulation.
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Link: Tether and Circle Executives to Meet with CEOs of Major South Korean Banks [Copy]
