CoinWorld news, on July 12 (UTC+8), South Korean financial giant Shinhan Financial Group's subsidiary Shinhan Investment Corp. has applied for trademarks related to 7 Korean won stablecoins, including "KRWSTSHI", "KRWWM", and "SHINKRW", covering cryptocurrency brokerage and financial trading services. This makes it the fourth subsidiary of the group to enter the stablecoin market, following Shinhan Financial Holdings, Shinhan Card, and Jeju Bank. This is also a continuation of the trend after NH Investment & Securities submitted the first such application last week, indicating that the South Korean securities industry is once again positioning itself in the stablecoin space, showing that the industry is accelerating its efforts to seize dominance over digital asset infrastructure. (Source: Digital Asset)