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The Impact of Korea’s '10-Won Bread' Debate on Commercial Use of Currency Designs

K-Food

by K-Contents 2024. 9. 5. 07:29

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In recent years, Korea's cultural products have taken the world by storm, from K-pop to K-drama. Now, an unexpected part of K-content is causing a stir—‘10-won bread.’ The bread, which closely mimics the design of Korea’s 10-won coin, has sparked significant debate, particularly regarding the legalities surrounding the commercial use of currency designs. This blog post will dive into the legal and cultural aspects of this phenomenon and explore how Korea’s rich history is impacting its present.


The '10-Won Bread' Controversy: A Quick Overview

The '10-won bread' gained popularity in Gyeongju, a city rich in history and culture. The bread features the design of the 10-won coin, including the iconic Dabotap Pagoda. As it gained fame, even expanding into franchise businesses, it inevitably attracted the attention of the Korean central bank, the Bank of Korea (BOK).

 

Historically, the BOK has tightly regulated the use of currency designs for commercial purposes. When they saw the 10-won bread becoming a commercial sensation, the bank stepped in, stating that the use of currency designs for profit was illegal without their explicit approval. This led to a significant debate: should cultural products, even if commercially successful, be allowed to use national symbols like currency designs freely?


Why the '10-Won Bread' Debate Matters

The debate is not just about bread; it touches on several critical aspects of intellectual property, economics, and cultural heritage.

  1. Intellectual Property Rights:
    At the heart of this controversy is intellectual property. The BOK's stance reflects concerns over the unauthorized use of national symbols, including currency designs, which are technically the intellectual property of the state. The concern is not only about the bread’s design but also what it could mean for the broader issue of commercializing national symbols.
  2. Cultural Significance and National Identity:
    Currency designs are more than just practical representations of value; they carry a nation's heritage and identity. In the case of the 10-won coin, the Dabotap Pagoda—a UNESCO World Heritage site—is a cultural icon. By commercializing this design, businesses risk commodifying something that holds deep historical and cultural significance.
  3. K-Content and Its Global Reach:
    Korea is known for its vibrant and globally influential content, whether it’s through music, television, or cuisine. The '10-won bread' could be seen as an extension of this phenomenon, where even something as simple as bread becomes a vehicle for sharing Korean culture. While the BOK may have legal concerns, there’s no denying the cultural impact of such products.

Legal Shifts: The Bank of Korea Changes Its Stance

As the debate unfolded, many drew comparisons between Korea and other countries. For example, Japan, in a similar case, allowed the production of ‘10-yen bread,’ noting that no one would mistake bread for real currency. This more relaxed approach to currency design usage in Japan led to criticisms of the BOK's more stringent policies.

 

Facing growing public pressure, the Bank of Korea revisited its policies. In a landmark move, the bank announced that, as of next month, they would allow the commercial use of currency designs under certain conditions. These conditions include:

  • Ensuring that the product does not resemble the actual currency in size or material (for instance, making the item significantly larger or smaller than the real coin or bill).
  • Avoiding any use that could tarnish the dignity of the currency or be considered inappropriate, such as in adult content or violent contexts.

This new policy signals a shift toward greater flexibility, allowing for more creative uses of national symbols while still maintaining a degree of oversight to protect the integrity of the currency.


The Role of Cultural Products in Economic Development

The '10-won bread' is a great example of how cultural products can become economic assets. Here are some of the benefits these products bring:

  1. Tourism Boost:
    Products like '10-won bread' serve as cultural ambassadors, enticing both domestic and international tourists. Gyeongju has seen an uptick in visitors curious about the bread, which not only promotes the city but also introduces tourists to Korea's rich history.
  2. Small Business Empowerment:
    The success of the '10-won bread' has inspired other small businesses to experiment with local culture in their products. This fosters innovation in the food and retail industries, potentially leading to greater financial independence for small entrepreneurs.
  3. Global K-Content Expansion:
    Korea’s cultural exports are already well-established through K-pop, K-dramas, and K-beauty. Food and niche products like '10-won bread' further diversify this portfolio, showing the world that K-content is not limited to entertainment but extends to every aspect of life—including cuisine.

Challenges Ahead: Maintaining Cultural Integrity

While the BOK's new policy marks a significant step forward, challenges remain. First, how can Korea balance the need to protect its national symbols while allowing for creative and commercial freedom? Second, how do you ensure that businesses respect the cultural significance of these symbols without exploiting them for profit?

 

These are questions Korea will have to navigate as it continues to expand its cultural influence. As the '10-won bread' shows, even the smallest symbols—like a coin—carry immense cultural weight.


Conclusion: What '10-Won Bread' Tells Us About Korea's Future

The '10-won bread' is more than just a local delicacy; it is a symbol of the tension between tradition and modernization. It also reflects Korea’s growing global cultural influence, showing that even something as simple as bread can become part of the K-content wave. As the country continues to refine its policies on intellectual property and commercial use of cultural symbols, products like '10-won bread' may pave the way for a new era of creative economic growth.