South Korean fintech leader Toss is exploring the development of its own blockchain network and native cryptocurrency. The company is considering both Layer 1 and Layer 2 architectures, with the final decision pending the progress of South Korea's Digital Assets Basic Act. This legislation will address regulations on token issuance, stablecoins, and crypto ETFs, which could influence Toss's strategic direction.
South Korea's Toss Plans Native Cryptocurrency and Blockchain Network
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