South Korean Internet giant Kakao sets up stablecoin task force

Foresight News, according to the Daily Economic News, South Korean Internet giant Kakao has established a stablecoin task force. Kakao CEO Shina Chung, Kakao Pay CEO Shin Won-keun and Kakao Bank CEO Yoon Ho-young will attend weekly meetings to discuss various situations and tasks on related projects. Other subsidiaries including Kakao Games are expected to join in the future. In addition, it has also established a working group with grassroots employees of the subsidiary to actually advance the proposed agenda.
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