Korea's Big Move: Tech Giants Battle to Create Their Own Digital Money
South Korea is making big moves in the world of digital money. Two of its largest tech companies, KakaoBank and Naver, are racing to create their own type of digital currency called stablecoins. These stablecoins would be tied to the Korean won, the country's official currency. This isn't just a competition between companies; it's a big step for South Korea to reduce...