- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
South Korean internet giant <strong>Kakao</strong> has established a Stablecoin Special Working Group
BlockBeats News, August 5th, according to Daily Economic News, South Korean internet giant Kakao has established a stablecoin special task force. Kakao CEO Shina Chung, Kakao Pay CEO Shin Won-keun, and Kakao Bank CEO Yoon Ho-young will participate in weekly meetings to discuss various situations and tasks related to the project.
Other subsidiaries, including Kakao Games, are expected to join in the future. In addition, it has also set up a task force involving grassroots employees from its subsidiaries to actively advance the proposed agenda.
You may also like
ThunderChain Resumes Legal Battle as Former CEO Chen Lei Accused of Embezzlement for Cryptocurrency Speculation - What Happened Back Then?
$200K Annual Salary Hiring, Predicting Market Will See Wall Street Players
Senate Committee Delays Crypto Bill Due to Coinbase’s Objections
Key Takeaways The Senate Banking Committee has postponed its planned markup of a major crypto market structure bill…
Coinbase CEO Raises Red Flags Regarding US Crypto Bill
Key Takeaways Coinbase CEO Brian Armstrong voices opposition to the proposed Senate crypto bill, citing significant concerns. The…
Mantra Slashes Staff and Restructures Following ‘Brutal’ OM Token Collapse
Key Takeaways The OM token experienced a dramatic price collapse, prompting a significant restructure within Mantra, including job…
CLARITY Act Hearing Suddenly Postponed – Where Does the Disagreement Lie?
Is Leveraged Bitcoin DCA More Profitable than Spot?
Tether Freezes $182 Million in Assets in a Day: Is USDT Still a Neutral Coin?
Key Takeaways Tether recently froze $182 million in USDT across five wallets on the Tron blockchain, raising questions…
80% of Oil Revenue Settled in Stablecoins: Venezuela’s USDT Dominance
Key Takeaways Venezuela’s economy heavily relies on USDT, with 80% of oil revenue settled using this stablecoin, showcasing…
Wintermute's 28-Page Report Unveils the Inner Workings of Off-Chain Liquidity
Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
Most US debanking cases stem from government pressure, says report
Key Takeaways A report from the Cato Institute indicates that most debanking incidents in the US originate from…
South Korea to lift ban on corporate crypto investment: Report
Key Takeaways South Korea’s Financial Services Commission (FSC) is set to end a nine-year ban on corporate crypto…
Russia Targets Illegal Crypto Miners; India Advocates for CBDCs: A Global Overview
Key Takeaways Russia is intensifying efforts to regulate illegal cryptocurrency mining, proposing significant fines and penalties. India’s Reserve…
Coinbase Warns of Withdrawal Over Senate Crypto Bill: Report
Key Takeaways Coinbase is considering retracting its support for a significant crypto legislation pending in the U.S. Senate…
Russian Pension Fund Overwhelmed by Crypto Inquiries as Mining Income Discussion Intensifies
Key Takeaways In 2025, Russia’s Social Fund received approximately 37 million inquiries, with a significant portion focused on…
Old Order's Backlash: Market Predicted to Be 'Paused' in Tennessee
ThunderChain Resumes Legal Battle as Former CEO Chen Lei Accused of Embezzlement for Cryptocurrency Speculation - What Happened Back Then?
$200K Annual Salary Hiring, Predicting Market Will See Wall Street Players
Senate Committee Delays Crypto Bill Due to Coinbase’s Objections
Key Takeaways The Senate Banking Committee has postponed its planned markup of a major crypto market structure bill…
Coinbase CEO Raises Red Flags Regarding US Crypto Bill
Key Takeaways Coinbase CEO Brian Armstrong voices opposition to the proposed Senate crypto bill, citing significant concerns. The…
Mantra Slashes Staff and Restructures Following ‘Brutal’ OM Token Collapse
Key Takeaways The OM token experienced a dramatic price collapse, prompting a significant restructure within Mantra, including job…
App