Interesting news from South Korea. Toss, one of the leading fintech services in the region, is seriously exploring the idea of launching its own blockchain network. It could be either a full-fledged Layer 1 or a more compact second-layer solution.

What’s important here? The company is not just considering a cryptocurrency project in theory. Toss is already at the stage of serious evaluation of options. The choice between Layer 1 and Layer 2 is not trivial; it determines the entire architecture of the ecosystem.

However, there is one catch. The regulatory environment in South Korea is moving slower than desired. The main law on digital assets is still stuck in the legislative process, complicating Toss’s plans. The company needs clarity in the legal framework before making a final decision.

If Toss truly launches its own blockchain network, it will be a serious signal to the market. A major fintech player entering the crypto space with its own infrastructure could change the dynamics in the region. We are watching the situation develop.