South Korea's IBK Corporate Bank and New Korea Financial Holdings have applied for the Korean won stablecoin trademark

South Korea's IBK Corporate Bank and Shinhan Financial Holdings have applied for the Korean won stablecoin trademark. It is reported that IBK Corporate Bank applied for 10 trademark rights including "IBKKRW", "IBKRW" and "ONEIBK" on the 27th. These trademarks are designed to be used in the fields of "stablecoin electronic transfer business" and "blockchain-based digital financial asset management business"; Shinhan Financial Holdings applied for 21 stablecoin-related trademarks including "KRWSHB", "SFGKRW" and "SHKRW" on the 26th. The application items include "cryptocurrency financial transaction business" and "cryptocurrency intermediary business".