TechFlow News, April 30: According to The Block, South Korean credit card company Shinhan Card announced a partnership with the Solana Foundation to jointly advance a proof-of-concept project testing a real-world payment system built on stablecoins.
The project aims to explore the feasibility of stablecoins in real-world payment environments, leveraging the Solana network as the underlying infrastructure for transaction processing.
Meanwhile, South Korea is actively advancing the legislative process for its Digital Asset Basic Act, which seeks to establish a comprehensive and unified regulatory framework for the digital asset industry.
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