Korea Exchange Affiliate KOSCOM Applies for Stablecoin Trademarks

Core Insights - KOSCOM has applied for five trademarks related to stablecoins, indicating a proactive approach to the upcoming KRW stablecoin market launch in South Korea [1][5] - The company has reorganized its digital assets departments and established a task force to promote digital asset business, focusing on stablecoin technology [4][2] Group 1: KOSCOM's Initiatives - KOSCOM has registered trademarks for KSDC, KRW24, KRW365, KOSWON, and KORWON brands to prepare for the stablecoin market [1] - The firm has launched a "Digital Asset Business Promotion Task Force" that reports directly to the CEO, emphasizing the importance of stablecoins in payment processes [4][2] - KOSCOM aims to enhance payment convenience and stability through the use of KRW stablecoins in subscription and distribution processes [4] Group 2: Market Context - Major South Korean companies, particularly banks, are actively pursuing stablecoin plans, with discussions ongoing between banks and stablecoin issuers like Tether and Circle [5] - Experts anticipate new crypto regulations from the South Korean government, which may include rules for won-denominated stablecoins [3]