South Korea Credit Card Firms Form Strategic Alliance to Navigate Stablecoin Regulations
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最新报道：South Korea's major credit card firms Shinhan, Hyundai, and KB Kookmin are forming a strategic alliance to explore stablecoin issuance and blockchain-based payment solutions amid tightening regulations. The collaboration aims to jointly develop compliant stablecoins pegged to the Korean won while addressing financial stability concerns raised by regulators. This move comes as South Korea prepares to implement the Travel Rule for crypto transactions and establishes clearer guidelines for stablecoin oversight. The card companies see blockchain technology as key to modernizing payments and maintaining competitiveness, though they acknowledge regulatory hurdles must be cleared before launching any stablecoin products.
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