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KakaoBank plans to venture into the digital asset business and is collaborating with the Kakao Group to assess stablecoins.
[Bi推] According to reports, KakaoBank's Chief Financial Officer Kwon Tae-hoon stated at the performance release conference for the first half of 2025 that the bank is evaluating the issuance and custody of digital assets and is collaborating with the Kakao Group's stablecoin working group. KakaoBank has accumulated experience in the issuance of real-name accounts on crypto assets trading platforms, AML monitoring, and other risk management aspects, and has participated in the Central Bank of Korea's central bank digital currency pilot project.