According to Cryptonews, the software development company Polaris Office has applied for trademarks, joining the stablecoin trend in South Korea. Known for its eponymous office software suite, the company has submitted 102 trademark applications to the Korean Intellectual Property Office, covering three main categories: "computer software and cryptocurrency-related programs", "electronic financial, payment institutions, and cryptocurrency brokerage services", and "blockchain-based technology services and software development".
Polaris has already launched a cryptocurrency asset called Polaris Share (POLA) and listed it on cryptocurrency exchanges such as Bithumb. Additionally, the Korean financial group BNK has applied for 25 stablecoin trademarks, including stablecoin trademarks for Busan Bank and Gyeongnam Bank. The South Korean President Lee Jae-myung plans to pass a series of stablecoin-related laws within a few weeks.
