TechFlow News, April 15: According to DL News, Jeremy Allaire, CEO of stablecoin issuer Circle, stated that the company currently has no plans to launch a Korean won-pegged stablecoin but is closely monitoring legislative developments in South Korea and seeking to expand its business within the local regulatory framework. Should South Korea establish a legal pathway permitting global firms to enter the market, Circle would be willing to apply for a license, establish a local branch, and provide technical support to Korean institutions issuing stablecoins.
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