South Korea’s KakaoBank Plans Stablecoin Services: Report
[ad_1] The banking arm of South Korean IT giant Kakao Corporation is reportedly ramping up plans to offer stablecoin services amid a regulatory shift in the country after the election of pro-crypto president Lee Jae-myung. KakaoBanks’ chief financial officer Kwon Tae-hoon said during the company’s first-half 2025 earnings call that the company is “reviewing various…