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KOSCOM Registers Five Stablecoin Trademarks Amid South Korea’s Won-Backed Crypto Wave
KOSCOM Registers Five Stablecoin Trademarks Amid South Korea’s Won-Backed Crypto Wave
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BTCCSquare news:
KOSCOM, a subsidiary of the Korea Exchange, has filed trademark applications for five stablecoin brands—KSDC, KRW24, KRW365, KOSWON, and KORWON—signaling its entry into South Korea's burgeoning won-pegged digital asset market. The MOVE aligns with a broader industry shift as local heavyweights like BDACS and fanC deploy their own KRW-backed stablecoins.
The firm, traditionally a tech provider for securities and derivatives markets, is restructuring its digital assets division to capitalize on the trend. Its Southeast Asian exchange infrastructure experience in Laos, Cambodia, and Malaysia may inform its stablecoin strategy.
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