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SecureYourAssets

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Discuss the security practices you follow to protect your crypto assets, including physical and digital measures. What tools and technologies do you use to safeguard your investments from theft and fraud?
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Introducing the sixth topic of our Risk Management Deep Dive – #SecureYourAssets Securing your crypto assets is paramount in the world of digital finance. By implementing robust security measures, you can protect your investments from potential threats and ensure the safety of your funds. Understanding and applying security best practices is essential for every crypto investor. 👉 Your post can include: • What security measures do you take to protect your crypto assets, including physical and digital measures? • How do you stay informed about the latest security threats and updates? • Can you share any examples where your security practices helped you avoid potential losses? E.g. of a post - “I use hardware wallets and enable two-factor authentication on all my accounts to ensure my crypto assets are secure. #SecureYourAssets " 📢 Create a post with #SecureYourAssets and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) Full campaign details [here](https://www.binance.com/en/square/post/22460231593642).
Introducing the sixth topic of our Risk Management Deep Dive – #SecureYourAssets
Securing your crypto assets is paramount in the world of digital finance. By implementing robust security measures, you can protect your investments from potential threats and ensure the safety of your funds. Understanding and applying security best practices is essential for every crypto investor.

👉 Your post can include:
• What security measures do you take to protect your crypto assets, including physical and digital measures?
• How do you stay informed about the latest security threats and updates?
• Can you share any examples where your security practices helped you avoid potential losses?
E.g. of a post - “I use hardware wallets and enable two-factor authentication on all my accounts to ensure my crypto assets are secure. #SecureYourAssets "

📢 Create a post with #SecureYourAssets and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
Hey friends! 👋😍 If you're using Binance, pay close attention — making the wrong move could cost you your account! ❌ Here are 5 big mistakes that often lead to bans — and what you can do to avoid them: 🛡️ 1️⃣ Skipping KYC (Identity Verification) Failing to complete your ID verification makes your account appear suspicious. ✅ What to do: Make sure to finish KYC and keep your ID details updated. 2️⃣ Accessing from Restricted Countries 🌍 (Even via VPN) Using a VPN won’t hide your location — Binance can still track where you're logging in from. 🚫 Solution: Never access your account from banned regions, even accidentally. 3️⃣ Using Bots or Engaging in Suspicious Trading 🤖 Automated bots, wash trading, or manipulative tactics are red flags. 💡 Stay safe: Trade ethically and only with tools approved by Binance. 4️⃣ Sharing Your Login or Using Fake Apps Letting others use your account or downloading unofficial apps can trigger security bans. 🔐 Stay secure: Enable 2FA and never share your login info. 5️⃣ Ignoring Binance Notifications 📩 Missing emails or alerts can result in a frozen account. 📬 Tip: Regularly check your inbox and Binance messages. ✅ Bottom line: Trade responsibly, follow the rules, and protect your account at all costs! 💪 #Write2Earn #SecureYourAssets #BTCWhaleMovement #TrumpVsMusk #StrategyBTCPurchase
Hey friends! 👋😍
If you're using Binance, pay close attention — making the wrong move could cost you your account! ❌
Here are 5 big mistakes that often lead to bans — and what you can do to avoid them: 🛡️

1️⃣ Skipping KYC (Identity Verification)
Failing to complete your ID verification makes your account appear suspicious.
✅ What to do: Make sure to finish KYC and keep your ID details updated.

2️⃣ Accessing from Restricted Countries 🌍 (Even via VPN)
Using a VPN won’t hide your location — Binance can still track where you're logging in from.
🚫 Solution: Never access your account from banned regions, even accidentally.

3️⃣ Using Bots or Engaging in Suspicious Trading 🤖
Automated bots, wash trading, or manipulative tactics are red flags.
💡 Stay safe: Trade ethically and only with tools approved by Binance.

4️⃣ Sharing Your Login or Using Fake Apps
Letting others use your account or downloading unofficial apps can trigger security bans.
🔐 Stay secure: Enable 2FA and never share your login info.

5️⃣ Ignoring Binance Notifications 📩
Missing emails or alerts can result in a frozen account.
📬 Tip: Regularly check your inbox and Binance messages.

✅ Bottom line: Trade responsibly, follow the rules, and protect your account at all costs! 💪

#Write2Earn #SecureYourAssets #BTCWhaleMovement #TrumpVsMusk #StrategyBTCPurchase
Secure Your Assets: How to Protect Your Bitcoin in 2025#SecureYourAssets Bitcoin’s price might rise and fall—but one thing never changes: 👉 Your crypto is only as safe as your security practices. As hacks, scams, and regulatory crackdowns increase worldwide, protecting your Bitcoin has never been more important. Here’s how to keep your coins safe in 2025. 🚨 The Risks Have Grown Phishing scams are more sophisticated, often impersonating exchanges or wallet providers. Exchange hacks still happen—even big names can suffer breaches. SIM-swap attacks are on the rise, targeting two-factor authentication. Malware now hunts specifically for crypto wallet seeds and private keys. If you’re holding significant Bitcoin value, you must treat it like digital gold—and protect it accordingly. ✅ Essential Steps to Secure Your Bitcoin 1. Use Cold Storage Keep large balances offline in a hardware wallet (e.g. Ledger, Trezor, Keystone). Hardware wallets isolate your private keys from internet-connected devices. Rule of thumb: Long-term holdings → cold storage. Spending/trading stash → hot wallet. 2. Back Up Your Seed Phrase Securely Store your 12- or 24-word recovery phrase in a safe place. Never photograph or save it digitally in cloud storage. Consider metal seed plates to resist fire or water damage. One lost seed phrase = your Bitcoin gone forever. 3. Enable Multi-Factor Authentication Always enable 2FA on your exchange accounts and wallets. Avoid SMS 2FA alone. Instead, use apps like Authy or Google Authenticator. 4. Keep Software Up to Date Regularly update: Wallet apps Device operating systems Security software Outdated apps = vulnerabilities waiting to be exploited. 5. Beware of Social Engineering Scammers might pretend to be customer support, friends, or influencers. Double-check URLs, emails, and phone numbers. No legit company will ever ask for your private keys. $BTC $ETH {future}(BTCUSDT) {spot}(XRPUSDT) {future}(BNBUSDT)

Secure Your Assets: How to Protect Your Bitcoin in 2025

#SecureYourAssets

Bitcoin’s price might rise and fall—but one thing never changes:

👉 Your crypto is only as safe as your security practices.

As hacks, scams, and regulatory crackdowns increase worldwide, protecting your Bitcoin has never been more important. Here’s how to keep your coins safe in 2025.

🚨 The Risks Have Grown

Phishing scams are more sophisticated, often impersonating exchanges or wallet providers.

Exchange hacks still happen—even big names can suffer breaches.

SIM-swap attacks are on the rise, targeting two-factor authentication.

Malware now hunts specifically for crypto wallet seeds and private keys.

If you’re holding significant Bitcoin value, you must treat it like digital gold—and protect it accordingly.

✅ Essential Steps to Secure Your Bitcoin

1. Use Cold Storage

Keep large balances offline in a hardware wallet (e.g. Ledger, Trezor, Keystone).

Hardware wallets isolate your private keys from internet-connected devices.

Rule of thumb:

Long-term holdings → cold storage.

Spending/trading stash → hot wallet.

2. Back Up Your Seed Phrase Securely

Store your 12- or 24-word recovery phrase in a safe place.

Never photograph or save it digitally in cloud storage.

Consider metal seed plates to resist fire or water damage.

One lost seed phrase = your Bitcoin gone forever.

3. Enable Multi-Factor Authentication

Always enable 2FA on your exchange accounts and wallets.

Avoid SMS 2FA alone. Instead, use apps like Authy or Google Authenticator.

4. Keep Software Up to Date

Regularly update:

Wallet apps

Device operating systems

Security software

Outdated apps = vulnerabilities waiting to be exploited.

5. Beware of Social Engineering

Scammers might pretend to be customer support, friends, or influencers.

Double-check URLs, emails, and phone numbers.

No legit company will ever ask for your private keys.

$BTC $ETH

#SecureYourAssets IN TODAY'S DIGITAL LANDSCAPE , PROTECTING MY ASSETS IS PARAMOUNT . To safeguard my digital presence, I implement several key security practices. Firstly, I use strong, unique passwords for each account, utilizing a password manager to keep track of them. This reduces the risk of credential theft from data breaches. Two-factor authentication (2FA) is another crucial layer of protection. Whenever possible, I enable 2FA on my accounts, as this adds an additional hurdle for potential intruders. I also regularly review my account security settings to ensure they align with best practices. This includes monitoring any unauthorized login attempts and promptly updating my passwords if anything seems amiss. For my sensitive data, such as documents and finances, I utilize encrypted storage solutions. Cloud services that provide end-to-end encryption offer a significant advantage, ensuring that even if data is intercepted, it remains unreadable without the proper keys. Additionally, I stay informed about the latest cybersecurity threats and trends, adjusting my practices as necessary. Regular updates to my software and devices are crucial, as they often patch vulnerabilities that could be exploited. By prioritizing these practices, I maintain a robust defense against the ever-evolving threats in the digital world.
#SecureYourAssets IN TODAY'S DIGITAL LANDSCAPE , PROTECTING MY ASSETS IS PARAMOUNT . To safeguard my digital presence, I implement several key security practices. Firstly, I use strong, unique passwords for each account, utilizing a password manager to keep track of them. This reduces the risk of credential theft from data breaches.

Two-factor authentication (2FA) is another crucial layer of protection. Whenever possible, I enable 2FA on my accounts, as this adds an additional hurdle for potential intruders.

I also regularly review my account security settings to ensure they align with best practices. This includes monitoring any unauthorized login attempts and promptly updating my passwords if anything seems amiss.

For my sensitive data, such as documents and finances, I utilize encrypted storage solutions. Cloud services that provide end-to-end encryption offer a significant advantage, ensuring that even if data is intercepted, it remains unreadable without the proper keys.

Additionally, I stay informed about the latest cybersecurity threats and trends, adjusting my practices as necessary. Regular updates to my software and devices are crucial, as they often patch vulnerabilities that could be exploited.

By prioritizing these practices, I maintain a robust defense against the ever-evolving threats in the digital world.
$BTC $ETH Fake Crypto Purchase Robbery in Bangkok In early July 2025, a robbery of 3.4 million Thai Baht occurred in a Bangkok shopping mall parking lot. This incident was a scam where money was defrauded during a supposed cryptocurrency purchase meeting. Out of seven suspects, two have been apprehended, and the remaining five are still at large. Police stated that the group lured their victims through Facebook. Let me know if you need any more translations or information! #SecureYourAssets $BTC
$BTC $ETH
Fake Crypto Purchase Robbery in Bangkok
In early July 2025, a robbery of 3.4 million Thai Baht occurred in a Bangkok shopping mall parking lot. This incident was a scam where money was defrauded during a supposed cryptocurrency purchase meeting.
Out of seven suspects, two have been apprehended, and the remaining five are still at large. Police stated that the group lured their victims through Facebook.
Let me know if you need any more translations or information!
#SecureYourAssets $BTC
XRP (XRP) is currently trading at approximately $2.22. Analysts have projected that XRP could reach between $5 and $26 by the end of 2025, contingent on factors such as breaking key resistance levels and increased institutional adoption . However, it's important to note that these forecasts are speculative and subject to market volatility. While some investors are optimistic about XRP's potential, others advise caution due to the inherent risks in cryptocurrency investments. As always, it's crucial to conduct thorough research and consider your risk tolerance before making investment decisions. #Write2Earn #SecureYourAssets #TrumpVsMusk #StrategyBTCPurchase #RiskRewardRatio
XRP (XRP) is currently trading at approximately $2.22. Analysts have projected that XRP could reach between $5 and $26 by the end of 2025, contingent on factors such as breaking key resistance levels and increased institutional adoption . However, it's important to note that these forecasts are speculative and subject to market volatility.

While some investors are optimistic about XRP's potential, others advise caution due to the inherent risks in cryptocurrency investments. As always, it's crucial to conduct thorough research and consider your risk tolerance before making investment decisions.

#Write2Earn #SecureYourAssets #TrumpVsMusk #StrategyBTCPurchase #RiskRewardRatio
🚨 The Pressure Is On: Powell Faces Growing Calls for Rate Cuts 🚨As the economy faces increasing pressure, all eyes are on Federal Reserve Chairman Jerome Powell. With rate cuts now looking like an inevitable move, the question is: When will the Fed pull the trigger? The clock is ticking, and Powell is running out of options. Economic signals are flashing, urging him to act, but the stakes are high. Once the Fed makes that fateful decision, get ready for a massive shift. Expect the crypto market to surge like never before—riding the wave of lowered rates and renewed investor confidence. This is the moment. The dominoes are falling. And when the Fed makes its move, crypto will be primed to skyrocket 🚀. #TrumpVsMusk #SecureYourAssets #RiskRewardRatio #EUPrivacyCoinBan #TrumptaxCuts

🚨 The Pressure Is On: Powell Faces Growing Calls for Rate Cuts 🚨

As the economy faces increasing pressure, all eyes are on Federal Reserve Chairman Jerome Powell. With rate cuts now looking like an inevitable move, the question is: When will the Fed pull the trigger?

The clock is ticking, and Powell is running out of options. Economic signals are flashing, urging him to act, but the stakes are high. Once the Fed makes that fateful decision, get ready for a massive shift. Expect the crypto market to surge like never before—riding the wave of lowered rates and renewed investor confidence.

This is the moment. The dominoes are falling. And when the Fed makes its move, crypto will be primed to skyrocket 🚀.
#TrumpVsMusk #SecureYourAssets #RiskRewardRatio #EUPrivacyCoinBan #TrumptaxCuts
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Bearish
$ETH Pay Attention to Details.. ( Only for 24 Hours) We were are Trading in range $2706 shorted ETH till $2150. Now again we are in Critical Zone. So This time market structure and position of ALT is different shuffling is going on & price settlements. When the impact going to come and what would be the possible days. Easy to Find out sometimes but the decision is always important either now long or short. First safe Buying should be at $2350 & Sell it to $2430. If you are interested to know whole month accurate potential Move for Long or short you can be Member because these services are only for them. (Exact Day of Bullish and Accurate Zone that you will see profits for the next 1.5 Months) IF you are Day trader, Future, Spot or swing trader, I provide accurate Signals/Zones of $BTC & other ALTS on a daily, weekly or monthly basis to my Members. (Uncompromised) Be a one To get the benefits, Community is everything. As always Trade Safe. Your Friend: ShowdownPRO Thanks for your love & Support. #NFPWatch #TradeWarEases #SecureYourAssets
$ETH Pay Attention to Details.. (
Only for 24 Hours)

We were are Trading in range $2706 shorted ETH till $2150.
Now again we are in Critical Zone.

So This time market structure and position of ALT is different shuffling is going on & price settlements.

When the impact going to come and what would be the possible days. Easy to Find out sometimes but the decision is always important either now long or short.

First safe Buying should be at $2350 & Sell it to $2430.

If you are interested to know whole month accurate potential Move for Long or short you can be Member because these services are only for them. (Exact Day of Bullish and Accurate Zone that you will see profits for the next 1.5 Months)

IF you are Day trader, Future, Spot or swing trader, I provide accurate Signals/Zones of $BTC & other ALTS on a daily, weekly or monthly basis to my Members. (Uncompromised)

Be a one To get the benefits, Community is everything.

As always Trade Safe.

Your Friend: ShowdownPRO
Thanks for your love & Support.

#NFPWatch
#TradeWarEases
#SecureYourAssets
7jgfyuj86khfvb9:
2706到2150是本次24小时后要做空的交易吗?我怎么看不懂
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Bullish
The global crypto market cap is $3.33T with a 1.66% decrease over the last day.The total crypto markThe global crypto market cap is $3.33T with a 1.66% decrease over the last day. The total crypto market volume over the last 24 hours is $98.56B, which makes a 16.35% decrease. {spot}(BTCUSDT)

The global crypto market cap is $3.33T with a 1.66% decrease over the last day.The total crypto mark

The global crypto market cap is $3.33T with a 1.66% decrease over the last day.
The total crypto market volume over the last 24 hours is $98.56B, which makes a 16.35% decrease.
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Bearish
Can $SHIB Reclaim $0.0000136 to Reverse the Trend? SHIB’s recovery now hinges on a critical breakout above $0.0000136. The meme coin has been stuck in a tight range between $0.0000111 and $0.0000142, with $0.0000126 acting as mid-range resistance. Despite a $5B drop in total meme market cap over the last month, SHIB remains range-bound. The current market structure is bearish—but reclaiming the $0.0000136 level would flip the bias and open doors for bullish momentum ahead. #SHIB #Write2Earn #SecureYourAssets #MyTradingStyle #TrumpVsMusk {spot}(SHIBUSDT)
Can $SHIB Reclaim $0.0000136 to Reverse the Trend?

SHIB’s recovery now hinges on a critical breakout above $0.0000136. The meme coin has been stuck in a tight range between $0.0000111 and $0.0000142, with $0.0000126 acting as mid-range resistance.

Despite a $5B drop in total meme market cap over the last month, SHIB remains range-bound. The current market structure is bearish—but reclaiming the $0.0000136 level would flip the bias and open doors for bullish momentum ahead.
#SHIB #Write2Earn #SecureYourAssets #MyTradingStyle #TrumpVsMusk
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Bearish
$SHIB Inu 2025 Price Forecast: Can SHIB Still Surprise the Market? Shiba Inu could stage a moderate rebound by the end of 2025, with AI-based models pointing to a possible 2x–5x surge from current levels. Despite underperforming meme rivals like $PEPE and $DOGE recently, SHIB still holds potential. If market momentum favors meme tokens again, SHIB may climb toward the $0.00003–$0.00005 range. #SHIB #Write2Earn #TrumpVsMusk #Binance #SecureYourAssets {spot}(SHIBUSDT)
$SHIB Inu 2025 Price Forecast: Can SHIB Still Surprise the Market?

Shiba Inu could stage a moderate rebound by the end of 2025, with AI-based models pointing to a possible 2x–5x surge from current levels. Despite underperforming meme rivals like $PEPE and $DOGE recently, SHIB still holds potential.

If market momentum favors meme tokens again, SHIB may climb toward the $0.00003–$0.00005 range.
#SHIB #Write2Earn #TrumpVsMusk #Binance #SecureYourAssets
*🚀 PENGU/USDT: Bullish Bounce Brewing? 🐧📈* — 📍 *Current Price:* 0.015985 (+4.35 Momentum is picking up again on PENGU, and the charts are flashing potential for a strong upside move. Let’s break it down 👇 — 📊 *Market Snapshot* - 🔥 *Up 65 - 💰 *Market Cap:*1.0B - 🔄 *Circulating Supply:* ~63B tokens - 📊 *Volume:* 290M–430M daily = high liquidity & trader demand - 🏦 *Top Exchanges:* Binance, OKX, Upbit, MEXC — strong exchange presence — 🧭 *Chart Structure & Key Levels* - 🟢 *Support:* 0.0159–0.0160 — strong bounce zone - 🔼 *Resistance:*0.0178 → 0.0185 - 🔄 *Consolidation:* Holding steady = likely accumulation phase - 📉 RSI sitting mid-range — has room to climb without being overbought — 📈 *Trending Signals* - ✅ High volume = strong interest - 🔄 Consolidation above support = bullish setup - 🐳 Whales active — large wallet movements spotted - 🚨 Break above0.0178 could trigger momentum buying — 🎯 *Targets to Watch* - TP1: 0.0178 - TP2:0.0185 - TP3: 0.020 - SL: Below0.0156 for short-term setups — 🔮 *Prediction & Analysis* : PENGU is holding its ground after a big move, and the current price zone looks like a strong base. If buyers maintain control and push above $0.0178 with volume, we could see another leg higher. Ideal zone to *scale in slowly* before a breakout confirmation. 🧠💼 — 💡 *Watch for a volume spike + RSI push above 60 — those are your green lights.* ✅ $PENGU {spot}(PENGUUSDT) #NFPWatch #StrategyBTCPurchase #SecureYourAssets #SecureYourAssets #SecureYourAssets
*🚀 PENGU/USDT: Bullish Bounce Brewing? 🐧📈*



📍 *Current Price:* 0.015985 (+4.35
Momentum is picking up again on PENGU, and the charts are flashing potential for a strong upside move. Let’s break it down 👇



📊 *Market Snapshot*
- 🔥 *Up 65
- 💰 *Market Cap:*1.0B
- 🔄 *Circulating Supply:* ~63B tokens
- 📊 *Volume:* 290M–430M daily = high liquidity & trader demand
- 🏦 *Top Exchanges:* Binance, OKX, Upbit, MEXC — strong exchange presence



🧭 *Chart Structure & Key Levels*
- 🟢 *Support:* 0.0159–0.0160 — strong bounce zone
- 🔼 *Resistance:*0.0178 → 0.0185
- 🔄 *Consolidation:* Holding steady = likely accumulation phase
- 📉 RSI sitting mid-range — has room to climb without being overbought



📈 *Trending Signals*
- ✅ High volume = strong interest
- 🔄 Consolidation above support = bullish setup
- 🐳 Whales active — large wallet movements spotted
- 🚨 Break above0.0178 could trigger momentum buying



🎯 *Targets to Watch*
- TP1: 0.0178
- TP2:0.0185
- TP3: 0.020
- SL: Below0.0156 for short-term setups



🔮 *Prediction & Analysis*
: PENGU is holding its ground after a big move, and the current price zone looks like a strong base. If buyers maintain control and push above $0.0178 with volume, we could see another leg higher. Ideal zone to *scale in slowly* before a breakout confirmation. 🧠💼


💡 *Watch for a volume spike + RSI push above 60 — those are your green lights.* ✅

$PENGU
#NFPWatch #StrategyBTCPurchase #SecureYourAssets #SecureYourAssets #SecureYourAssets
PlayfullNess:
do you analyse $pnut ???
🔥 #MrSergioLiveSignals $BNB /USDT – Recovery Attempt in Progress! 🔄🚀 $BNB is bouncing off the $650 zone with early signs of strength! Buyers are stepping in — and if it reclaims $657, bulls could take full control. 📈 Long Trade Setup – BNB/USDT 🎯 Entry: $653.00 – $655.00 ✅ TP1: $660.00 ✅ TP2: $666.00 ✅ TP3: $674.00 🛡️ SL: $649.50 ⚠️ Pro Tip by Mr Sergio Marquina: Watch the $657 breakout level closely — that’s the ignition point! If we see volume spike, ride it up with trailing stops and lock partials at every target. 📊 Momentum brewing. Breakout loading. Buy and Trade Now – $BNB {future}(BNBUSDT) 💥#SecureYourAssets #TrumptaxCuts #NFPWatch #Megadrop
🔥 #MrSergioLiveSignals
$BNB /USDT – Recovery Attempt in Progress! 🔄🚀

$BNB is bouncing off the $650 zone with early signs of strength! Buyers are stepping in — and if it reclaims $657, bulls could take full control.

📈 Long Trade Setup – BNB/USDT
🎯 Entry: $653.00 – $655.00
✅ TP1: $660.00
✅ TP2: $666.00
✅ TP3: $674.00
🛡️ SL: $649.50

⚠️ Pro Tip by Mr Sergio Marquina:
Watch the $657 breakout level closely — that’s the ignition point! If we see volume spike, ride it up with trailing stops and lock partials at every target.

📊 Momentum brewing. Breakout loading.
Buy and Trade Now – $BNB
💥#SecureYourAssets #TrumptaxCuts #NFPWatch #Megadrop
South Korea approves $23.3B extra budget to counter US tariff risksSouth Korea approves $23.3B extra budget to counter US tariff risks The Parliament of South Korea approved a 31.8 trillion won ($23.3 billion) supplementary budget on Friday. The action is part of President Lee Jae Myung’s scramble to breathe life into a slowing economy and shield vital industries as trade tensions with the United States threaten to upend commercial ties. The supplementary budget, which was passed after bitter debates and a boycott by the opposition, is greater than the government’s proposal of 30.5 trillion won. Legislators tacked additional funding for direct cash handouts and emergency aid to distressed industries. The Finance Ministry said the new number shows the importance of falling back on more efficient support measures in light of the double risk of a slowdown in the country and international shocks. The new relief bill is arriving at a critical time. Seoul and Washington have a deadline of July 9 to resolve closing differences on the revised US-Korea Free Trade Agreement. US President Donald Trump has warned he may impose duties on imports from major trading partners, including South Korea, should the talks fail to bear fruit. Any move toward a reciprocal tariff increase from 10% to 25% would also seriously blow up Korean exports, such as automobiles, batteries, and semiconductors, propelling the economy. President Lee moves to close revenue gap with stimulus budget That bill contains a 10.3 trillion won fund to compensate for shortfalls in tax revenue. The government has been hit with lackluster corporate tax collections amid poor earnings in key sectors such as manufacturing and retail. Consumer demand is also down, putting yet more pressure on public finances. The government will fund that mostly through borrowing. The figure will mostly be for new sovereign bond issuance, spending cuts, and reallocating existing budget lines. Low-income families and struggling businesses will receive cash coupons and targeted relief. Additional money has also been allocated for industrial innovation, export assistance, and the creation of jobs. Despite a boycott of the legislation by opposition lawmakers who said the package lacked long-term vision and was not transparent, the ruling party forced the bill to pass parliament. However, the passage was a major early victory for President Lee, who was sworn in only last month after a snap election win. South Korea races to avoid US tariffs An impending trade cliff is spurring the urgency. A temporary deal that has largely kept Korean exports outside the reach of plumped‐up American tariffs expires soon. Without a new agreement, the tariffs would automatically rise to 25% on the targeted goods. President Trump has indicated that he may start sending unilateral tariff notices to US trading partners as soon as this weekend. That could give Seoul little time to respond or negotiate concessions. South Korea’s trade minister, Yeo Han-koo, is flying to Washington in a last-ditch diplomatic effort to ward off a worst-case scenario. “It’s still not clear to each side what the other side wants,” President Lee said, calling the trade talks frustrating and opaque. Failing to do so could come at a heavy cost for Korean exporters regarding near-term losses, diminished competitive standing globally, and possible layoffs. With more than 40% of GDP based on exports, Korea is extremely exposed to external shocks. If duties increase overnight, many industries, ranging from the automotive and electronics sectors to steel and shipbuilding, may lose their margins. Market analysts caution that any short-lived disruption could put a chill on GDP growth for the year and rattle investor confidence. And the political stakes are high, too. Running for president, Lee made economic reform and inclusive growth his platform. An inability to contain the fallout from tariffs imposed by the United States could undermine his administration’s credibility early in his tenure. KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverage#SecureYourAssets

South Korea approves $23.3B extra budget to counter US tariff risks

South Korea approves $23.3B extra budget to counter US tariff risks
The Parliament of South Korea approved a 31.8 trillion won ($23.3 billion) supplementary budget on Friday.
The action is part of President Lee Jae Myung’s scramble to breathe life into a slowing economy and shield vital industries as trade tensions with the United States threaten to upend commercial ties.
The supplementary budget, which was passed after bitter debates and a boycott by the opposition, is greater than the government’s proposal of 30.5 trillion won. Legislators tacked additional funding for direct cash handouts and emergency aid to distressed industries.
The Finance Ministry said the new number shows the importance of falling back on more efficient support measures in light of the double risk of a slowdown in the country and international shocks.
The new relief bill is arriving at a critical time. Seoul and Washington have a deadline of July 9 to resolve closing differences on the revised US-Korea Free Trade Agreement. US President Donald Trump has warned he may impose duties on imports from major trading partners, including South Korea, should the talks fail to bear fruit.
Any move toward a reciprocal tariff increase from 10% to 25% would also seriously blow up Korean exports, such as automobiles, batteries, and semiconductors, propelling the economy.
President Lee moves to close revenue gap with stimulus budget
That bill contains a 10.3 trillion won fund to compensate for shortfalls in tax revenue. The government has been hit with lackluster corporate tax collections amid poor earnings in key sectors such as manufacturing and retail. Consumer demand is also down, putting yet more pressure on public finances.
The government will fund that mostly through borrowing. The figure will mostly be for new sovereign bond issuance, spending cuts, and reallocating existing budget lines.
Low-income families and struggling businesses will receive cash coupons and targeted relief. Additional money has also been allocated for industrial innovation, export assistance, and the creation of jobs.
Despite a boycott of the legislation by opposition lawmakers who said the package lacked long-term vision and was not transparent, the ruling party forced the bill to pass parliament. However, the passage was a major early victory for President Lee, who was sworn in only last month after a snap election win.
South Korea races to avoid US tariffs
An impending trade cliff is spurring the urgency. A temporary deal that has largely kept Korean exports outside the reach of plumped‐up American tariffs expires soon. Without a new agreement, the tariffs would automatically rise to 25% on the targeted goods.
President Trump has indicated that he may start sending unilateral tariff notices to US trading partners as soon as this weekend. That could give Seoul little time to respond or negotiate concessions. South Korea’s trade minister, Yeo Han-koo, is flying to Washington in a last-ditch diplomatic effort to ward off a worst-case scenario.
“It’s still not clear to each side what the other side wants,” President Lee said, calling the trade talks frustrating and opaque. Failing to do so could come at a heavy cost for Korean exporters regarding near-term losses, diminished competitive standing globally, and possible layoffs.
With more than 40% of GDP based on exports, Korea is extremely exposed to external shocks. If duties increase overnight, many industries, ranging from the automotive and electronics sectors to steel and shipbuilding, may lose their margins. Market analysts caution that any short-lived disruption could put a chill on GDP growth for the year and rattle investor confidence.
And the political stakes are high, too. Running for president, Lee made economic reform and inclusive growth his platform. An inability to contain the fallout from tariffs imposed by the United States could undermine his administration’s credibility early in his tenure.
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