Korea's IBK Industrial Bank and Shinhan Financial Group have applied for a won stablecoin trademark.

[Korean IBK Corporate Bank and Shinhan Financial Group have applied for KRW stablecoin trademark] Korea's IBK Corporate Bank and Shinhan Financial Group have applied for the KRW 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 intended for use in areas such as "stablecoin electronic transfer services" and "blockchain-based digital financial asset management services"; Shinhan Financial Group applied for 21 stablecoin-related trademarks including "KRWSHB", "SFGKRW", and "SHKRW" on the 26th, with application projects including "crypto assets financial transaction services" and "crypto intermediary services".