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Woori Bank applies for 12 trademarks related to stablecoins, becoming the third major commercial bank in South Korea to layout in this area.
According to Mars Finance, South Korean media Digital Asset reported that Woori Bank, one of the five major commercial banks in South Korea, applied for 12 stablecoin-related trademarks on July 7, including "WKRW", "KRWOORI", "WONKR", and "CKRW". These trademark applications cover business areas such as Crypto Assets financial transactions and Crypto Assets electronic transfers. Following KB Bank and Hana Bank, Woori Bank has become the third major commercial bank in South Korea to apply for stablecoin trademarks.