Stablecoin issuer Circle is set to host a closed-door event, “Current Seoul,” in Seoul on July 23, bringing together executives from South Korean banks, cryptocurrency exchanges, and payment companies to discuss regulatory cooperation and long-term partnerships. The meeting follows Circle CEO Jeremy Allaire’s visit to South Korea three months ago, during which he met with institutions including KB Kookmin Bank, Shinhan Bank, Upbit, and Bithumb, and described the Korean market as “highly attractive.” The company has also recently received approval in the United States to establish a crypto bank and has partnered with Standard Chartered to launch USDC minting and redemption services. The Korea Times was cited as the source of the report.
Stablecoin issuer Circle will host a closed-door meeting in Seoul on July 23 under the name “Current Seoul,” with executives from South Korean banks, crypto exchanges, and payment companies invited to attend. The agenda will center on regulatory cooperation and long-term partnerships.
The event follows Circle CEO Jeremy Allaire’s trip to South Korea three months ago. During that visit, Allaire met with KB Kookmin Bank, Shinhan Bank, and firms including Upbit and Bithumb, and said the Korean market was “highly attractive.”
Circle has also recently won approval in the United States to establish a crypto bank. Separately, the company has partnered with Standard Chartered to launch USDC minting and redemption services.
The Korea Times was cited in the report.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
