KB National Bank of South Korea applies for trademark rights for US dollar and Japanese yen stablecoins

According to the South Korean Economic Television, KB National Bank of South Korea submitted a trademark application for a stablecoin pegged to the US dollar and Japanese yen on the 22nd. The bank had previously applied for trademarks related to Korean won stablecoins in commercial banks. This application covers a total of 27 trademark combinations, including various forms that combine the bank brand "KB" with the US dollar (USD), Japanese yen (JPY), and stablecoin symbols such as "ST", "S", "C", etc., such as "USDKB", "JPY KB", "USDST", "USDC", "JPY H", and "JPY ONE". The relevant person in charge of KB National Bank said, "This registration is a pioneering measure to seize the trademark