According to Cryptonews, as discussions about the legalization of stablecoins heat up, major commercial banks in South Korea are stepping up efforts to formulate business plans related to Crypto Assets and stablecoins. Shinhan Bank, Woori Bank, and KB Kookmin Bank have established special working groups for digital assets. Woori Bank has formed a nine-person team to promote stablecoin and digital Wallet services and has also reached cooperation with Blockchain startups; KB Financial Group has set up a digital asset response committee to coordinate resources from its subsidiaries in insurance, securities, and more. Currently, the South Korean National Assembly is reviewing several reform bills for the crypto industry, including provisions that allow Financial Institutions to issue stablecoins. The banking sector believes that early positioning can seize opportunities, and banks have applied for 81 stablecoin-related trademarks. In addition, regional banks such as KEB Hana Bank and Busan Bank have also established Blockchain research teams, while K Bank, a partner of Upbit, has formed a special task force for digital assets. Industry insiders say that although legislation will take time, early preparation will facilitate the rapid launch of services once policies are implemented.