South Korean fintech company Toss plans to develop its own blockchain and issue a native cryptocurrency.
Gate News message. On April 6, according to The Block, South Korea’s payments and banking giant Toss disclosed that it is considering developing its own blockchain network and issuing a native cryptocurrency. Insiders say Toss may build on a Layer1 mainnet and is exploring Layer2 expansion solutions, but has not yet made a final decision on what architecture to use. Related decisions are influenced by the progress of South Korea’s “Digital Asset Basic Act,” which will regulate key areas such as token issuance, stablecoins, and crypto ETFs.
GateNews·6h ago