Korea Exchange’s technology subsidiary KOSCOM has taken decisive steps toward stablecoin market participation, filing trademark applications for five digital currency brands as South Korea prepares for comprehensive cryptocurrency regulation. The Korea Securities Computing Corporation secured intellectual property rights for KSDC, KRW24, KRW365, KOSWON, and KORWON, positioning itself strategically for the anticipated launch of won-pegged stablecoin markets. This proactive approach reflects the company’s intention to capitalize on emerging payment infrastructure opportunities while regulatory frameworks take shape under government oversight.
The trademark filings coincide with significant organizational changes within KOSCOM, including the establishment of a dedicated Digital Asset Business Promotion Task Force reporting directly to executive leadership. This specialized unit has initiated proof-of-concept development for stablecoin technology while exploring integration possibilities for subscription and distribution payment processes. Task force head Kim Wan-seong emphasized that stablecoins represent a transformative global payment method, with KOSCOM committed to advancing South Korea’s digital asset ecosystem in alignment with international trends.
KOSCOM’s strategic positioning leverages its extensive experience providing trading platform solutions across Southeast Asian markets, including successful implementations in Laos, Cambodia, and Malaysia. As a joint venture between the South Korean government and Korea Exchange, the company maintains unique advantages in navigating regulatory requirements while accessing established financial infrastructure networks. The firm’s comprehensive technology services for securities and futures markets provide a solid foundation for expanding into digital asset trading and settlement systems.
Industry observers expect regulatory clarity to emerge within months, with government officials likely bundling cryptocurrency rules alongside won-denominated stablecoin frameworks. Major South Korean banks have accelerated their preparation efforts, with senior executives conducting discussions with established stablecoin issuers including Tether and Circle. This convergence of regulatory development, institutional interest, and technology infrastructure suggests South Korea may soon join the growing list of nations embracing regulated stablecoin markets as legitimate financial instruments for cross-border payments and digital commerce applications.
