South Korea\'s finance and fintech sectors are stepping up competition to pre-empt the stablecoin market even as legislation remains stalled in parliament. Banks are moving to secure issuance rights through consortia and technology partners, while fintech firms and exchanges focus on controlling mainnets and payment networks. Global players are also positioning in networks and settlement infrastructure. The article says the battle for won and dollar stablecoin leadership is already under way.

South Korea\'s Ministry of Science and ICT is actively exploring participation in Anthropic\'s cybersecurity consultative body, Project Glasswing. The ministry held a meeting with Anthropic and multiple Korean agencies on AI and cybersecurity cooperation and conveyed broad interest in collaboration, including information sharing on vulnerability disclosures. Prospects remain uncertain due to reported White House opposition to expanding the project and the absence of an MOU with Anthropic. The ministry is also accelerating domestic responses to AI-driven cyber threats.