South Korean Internet Giant Kakao Establishes Special Task Force for Stablecoins
According to Jinse Finance, South Korean internet giant Kakao has established a special task force for stablecoins. Kakao CEO Shina Chung, Kakao Pay CEO Shin Won-keun, and Kakao Bank CEO Yoon Ho-young will attend weekly meetings to discuss various aspects and tasks related to the project. Other subsidiaries, including Kakao Games, are expected to join in the future. In addition, a working group composed of grassroots employees from its subsidiaries has also been formed to actively advance the proposed agenda.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tom Lee: Bitmine will never sell its ETH holdings
Suspected ZORA team transferred approximately 52.525 million tokens to three addresses, worth over $2.6 million
A certain whale has fully closed their 7x ETH long position, incurring a loss of over $3.34 million.

