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Posted: 2025-06-09 14:20:23 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-09 14:20:34 UTC
Verified By
Rollup News
The author expresses enthusiasm for a Korean Won-based stablecoin, recalling Binance's past attempt to establish Binance Korea with a KRW stablecoin ($BKRW) in 2020. They regret the venture's failure due to Korean regulations and express hope that KaiaChain could potentially revive the idea. The author also shares a link to a previous blog post with more details about Binance Korea.
Enthusiasm for KRW-based stablecoin
Binance's previous attempt with $BKRW
Regulatory challenges in Korea
Potential for KaiaChain to create a KRW stablecoin
Korean regulations hindering cryptocurrency ventures
Failure of Binance Korea due to regulatory issues