Techub News reports that, according to the Korean Central News Agency, the South Korean BNK Financial Group's affiliated companies, BNK Financial Holdings, Busan Bank, and Gyeongnam Bank are submitting trademark applications related to the Korean won stablecoin. BNK Financial Holdings has submitted 11 trademark applications, while Busan Bank and Gyeongnam Bank have submitted 10 and 4 applications, respectively. In addition, Busan Bank and Gyeongnam Bank have joined the OBDIA Association, which is preparing for the issuance of bank-backed stablecoins.