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The Polaris software developer has become the latest South Korean company that got aboard KRW Stablecoin But car.
Scores of remarkable banks, Fintech companies and IT companies Stablecoin projects have won this month How Seoul is preparing for the introduction of regulations.
And per MTN MessagesPolaris Office has now followed a trademark lawsuit on a coin called Polakrw.
Polaris Office: Another company joins Stablecoin Craze
The company is the best known for its Office Software title.
Polaris submitted a total of 102 cases when applying for a trademark in the Korean Mental Property Office.
These include the “three main categories of products”, MTN said. The first applies to “computer software and crypto -related programs”.
The second concerns “electronic finances, payment agencies and Cryptoasset intermediary services”. And the third category concerns “technological services based on blockchain and software development”.
Polaris is not alien to the crypt scene. It has already launched a cryptoasset called Polaris Share (POLA), which operates through its subsidiary Polaris Share Tech.
Token is given on Crypto Platforms like Bithumb. Pola operators have also recently launched a USD for Pyusd Stablecoin PayPal. The media socket quoted the spokesperson of the Polaris as:
“Stablecoins are the starting point of the Web3 transition. They are part of the digital infrastructure that combines data, payments and contracts. In the future we will create a number of new markets as well as a knowledge sharing platform around Polakrw.”
More South Korean Banks Eye Stablecoin is launching on the market
Busan IlboMeanwhile, he said that the BNK financial group also asked for 25 Stablecoin trademarks.
BNK is an operator of Busan Bank that At the beginning of this month, he joined the Stablecoin division on the open blockchain/DID Association (OBDIA).
The BNK trademark package contains 10 Stablecoin trademarks for Busan Bank and four for another regional banking arm of Gyeongnam Bank.
The members of the RESTIA spoke of preliminary plans to create a platform for the release of Stablecoin.
President Lee Jae-myung, who swept to power at the beginning of last month, wants to pass on a number of laws related to Stablecoin through the National Assembly in the coming weeks.
Contribution Polaris software developer joined Stablecoin Craze in South Korea He appeared for the first time Cryptonews.
