Tag: South Korea

won backed stablecoins could shave up to 3 8 billion a year off south korean merchant fees parliaments budget office estimates The figure worth pausing on in the National Assembly Budget Office's analysis of South Korea isn't the top-line savings number at all. It's how wide the range is.

Won-backed stablecoins could shave up to $3.8 billion a year off South Korean merchant fees, parliament’s budget office estimates

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won stablecoins could trim up to 3 8 billion from korean merchants payment bills but the floor is far lower Won-denominated stablecoins could shave somewhere between 370 billion won ($275 million) and 5.15 trillion won off what South Korean merchants pay in annual payment fees each year, according to the National Assembly Budget Office. That is the conclusion. The real story sits in the distance between those two figures.

Won stablecoins could trim up to $3.8 billion from Korean merchants’ payment bills — but the floor is far lower

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South Korea Updates NFT Regulations Ahead of New Law

South Korea Updates NFT Regulations Ahead of New Law

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