ChainCatcher News: 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 insiders also revealed that since Circle CEO visited Korea in August last year, Circle has been promoting related business expansion in the region. Reports indicate that South Korea’s upcoming “Digital Asset Basic Act” may require overseas stablecoin issuers to establish branches in Korea to distribute tokens locally. The recent actions by these companies are seen as proactive preparations for potential regulatory requirements.
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