Regulation· ★★· bullish·

Seoul mayor pledges broader fintech support around AI, blockchain and digital assets

  • —Oh cited stablecoins and asset tokenization as drivers of new financial services
  • —Support will expand via Seoul Fintech Lab and the Seoul Investment Promotion Foundation
  • —Seoul ranked 7th in the global financial centres index and 7th in fintech
  • —The mayor stressed the need to protect user assets and personal data
Why it matters: Seoul's push gives blockchain and stablecoin projects institutional backing, which could speed adoption in South Korea.
Source: Bloomingbit
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