Odaily Planet Daily reports that stablecoin issuer Tether has recently posted multiple job openings in South Korea, including public relations manager, blockchain investigator, and government relations officer. Previously, Tether entered the local market by hiring a Korea market representative, but after the departure of that personnel, the company plans to expand its team in Korea.
Industry sources also revealed that since Circle CEO visited Korea last August, Circle has been advancing related business development in the region.
The report states that South Korea’s upcoming “Digital Asset Basic Act” may require overseas stablecoin issuers to establish a branch in Korea to distribute tokens locally. The recent actions by these companies are seen as proactive measures in anticipation of potential regulatory requirements. (News1)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether's USAT Stablecoin Expands Beyond Ethereum Mainnet to Celo
In brief
Tether’s USAT stablecoin has launched on the Celo blockchain, its first expansion beyond Ethereum.
Google Cloud provides infrastructure support for the stablecoin's distribution system.
A privacy-preserving faucet allows verified users to access USAT tokens through
Decrypt43m ago
Tether fires several top gold traders, hired just a few months ago from HSBC Bank
Gate News reports that on March 31, stablecoin issuer Tether laid off several top gold traders who had been recruited just a few months earlier from HSBC.
GateNews7h ago
Tether turns to KPMG for full USDT audit as U.S. expansion plans take shape
Tether is transitioning from monthly attestations to a full audit of its USDT reserves with KPMG, while also enhancing internal controls with PwC. This move, driven by ambitions for U.S. expansion and a major capital raise, signals a shift towards greater transparency and regulatory readiness.
CryptoNewsFlash14h ago
