IBK Industrial Bank of Korea and Shinhan Financial Group have applied for a trademark for a Korean won stablecoin

ChainCatcher news, South Korea's IBK Industrial Bank and Shinhan Financial Group have applied for trademarks for the Korean won stablecoin. It is reported that IBK Industrial Bank applied for 10 trademarks such as "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 asset management services." Shinhan Financial Group applied for 21 trademarks related to stablecoins, including "KRWSHB", "SFGKRW", and "SHKRW" on the 26th, with application projects including "cryptocurrency financial trading services" and "cryptocurrency intermediary services."