BREAKING: South Korean fintech leader Toss explores launching its own blockchain and cryptocurrency

South Korea's payments heavyweight Toss is reportedly working on a proprietary blockchain network and a native cryptocurrency. The company is said to be assessing whether to build a Layer 1 mainnet or pursue a Layer 2 scaling approach, with final design choices dependent on clearer domestic regulatory guidance. Toss has also filed dozens of trademark applications tied to stablecoins and is integrating a Web3 wallet into its flagship mobile app. Source: The Block