The Bank of Korea has applied for 44 CBDC related trademarks, many of which have entered the pre registration public announcement stage

According to EBN, the South Korean Intellectual Property Office released data today revealing that as of now, the Bank of Korea (BOK) has submitted 44 trademark applications for its central bank digital currency (CBDC), including&34; KRDW& 34; 、 & 34; Digital Won& 34; Among them, 38 items have entered the pre registration public announcement stage. The Bank of Korea stated that this move is a defensive measure aimed at preventing public confusion caused by commercial use by private enterprises. The Bank of Korea previously held a cautious attitude towards stablecoins, fearing that they may affect the effectiveness of monetary policy. Recently, South Korean banks and technology companies such as KB National Bank and Polaris Office have been intensively submitting trademark applications for Korean won stablecoins, forming a competitive situation where regulation has not yet arrived and trademarks have taken the lead. The trademark related to the Bank of Korea can be traced back to May 2023, and the progress is ahead of private institutions.