Dunamu affiliate to form stablecoin council with Yulchon and SAS Korea

Lambda256, a blockchain-focused affiliate of Dunamu, is set to launch a strategic council focused on stablecoins, Edaily reported. Dunamu operates Upbit, South Korea's largest digital asset exchange. The company announced today that it has signed a three-party memorandum of understanding (MOU) with law firm Yulchon LLC and SAS Korea. The agreement aims to establish a strategic body to address regulations concerning stablecoins and digital assets, marking the start of full-scale cooperation between the firms in this area.