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#SouthKoreaAdvancesStablecoin
🔥South Korea is finally preparing to lift its nine-year crypto ban, marking a massive turning point for the nation's digital asset landscape.
This regulatory shift opens the door for traditional banks to handle coins, while stablecoins are set to be regulated similarly to securities.
🎯 Traders can anticipate three major advantages from this integration: a massive injection of liquidity, a noticeable drop in slippage, and enhanced asset security.
However, the delay in final decisions stems from officials carefully studying the European Union’s framework and establishing robust OTC broker systems.
Building a secure traditional financial infrastructure for large institutional fund flows naturally takes time and meticulous legal processes.
👍In the meantime, savvy traders should closely monitor Real-World Asset (RWA) tokens and stablecoins to capture impending institutional capital.
It is wise to stay patient, observe market movements, and avoid succumbing to premature FOMO before the official legislation is finalized.
💰Accumulating reliable stablecoins like USDT and USDC now will position you well ahead of the upcoming Asian market momentum explosion.
Disclaimer: Not financial advice. Always DYOR.
#SouthKoreaCrypto #StablecoinNews #CryptoNews
$ETH
$ON
$RIF
🔥South Korea is finally preparing to lift its nine-year crypto ban, marking a massive turning point for the nation's digital asset landscape.
This regulatory shift opens the door for traditional banks to handle coins, while stablecoins are set to be regulated similarly to securities.
🎯 Traders can anticipate three major advantages from this integration: a massive injection of liquidity, a noticeable drop in slippage, and enhanced asset security.
However, the delay in final decisions stems from officials carefully studying the European Union’s framework and establishing robust OTC broker systems.
Building a secure traditional financial infrastructure for large institutional fund flows naturally takes time and meticulous legal processes.
👍In the meantime, savvy traders should closely monitor Real-World Asset (RWA) tokens and stablecoins to capture impending institutional capital.
It is wise to stay patient, observe market movements, and avoid succumbing to premature FOMO before the official legislation is finalized.
💰Accumulating reliable stablecoins like USDT and USDC now will position you well ahead of the upcoming Asian market momentum explosion.
Disclaimer: Not financial advice. Always DYOR.
#SouthKoreaCrypto #StablecoinNews #CryptoNews
$ETH
$ON
$RIF
Mirae Asset just finalized its Korbit acquisition, marking a seismic shift in institutional crypto adoption in South Korea.
This isn't just another exchange takeover; it's a 97%+ ownership stake secured by one of South Korea's largest financial conglomerates. Mirae Asset's deep pockets and established financial infrastructure entering the crypto space signal a new era of legitimacy and potential capital infusion, directly challenging the current market structure. Smart money is watching closely as this move could unlock massive retail and institutional flows into the Korean market, potentially mirroring earlier surges seen in other emerging crypto hubs. #InstitutionalAdoption #Korbit #SouthKoreaCrypto
The next crucial level to watch is the 1.5% unlock of remaining Korbit shares; their acquisition by Mirae would signal complete market control and a massive catalyst for new product launches and integrated services. #MarketMover
Are you ready for this wave of institutional capital to reshape the altcoin landscape?
This isn't just another exchange takeover; it's a 97%+ ownership stake secured by one of South Korea's largest financial conglomerates. Mirae Asset's deep pockets and established financial infrastructure entering the crypto space signal a new era of legitimacy and potential capital infusion, directly challenging the current market structure. Smart money is watching closely as this move could unlock massive retail and institutional flows into the Korean market, potentially mirroring earlier surges seen in other emerging crypto hubs. #InstitutionalAdoption #Korbit #SouthKoreaCrypto
The next crucial level to watch is the 1.5% unlock of remaining Korbit shares; their acquisition by Mirae would signal complete market control and a massive catalyst for new product launches and integrated services. #MarketMover
Are you ready for this wave of institutional capital to reshape the altcoin landscape?
South Korea is sending a message to the world: Crypto is no longer a trend it's becoming national infrastructure.
Recognizing crypto as a national asset is more than a policy shift. It's a signal that digital assets are moving from speculation to strategic importance.
When one of the world's most tech-driven economies embraces crypto, global institutions pay attention.
The question isn't whether crypto is here to stay.
Will you position yourself before the next wave of adoption arrives?
$BTC $ETH
#bitcoin #Ethereum #Crypto #SouthKoreaCrypto
Recognizing crypto as a national asset is more than a policy shift. It's a signal that digital assets are moving from speculation to strategic importance.
When one of the world's most tech-driven economies embraces crypto, global institutions pay attention.
The question isn't whether crypto is here to stay.
Will you position yourself before the next wave of adoption arrives?
$BTC $ETH
#bitcoin #Ethereum #Crypto #SouthKoreaCrypto
#koreacentralbankurgeswonstablecoinframework
South Korea demands the creation of a stablecoin backed by the won—Sony also seems about to get involved. Then, in the future, each country will print its own “digital money”… so we’ll call it a stablecoin, or else… online fiat money, guys? 🤯
In the middle of this whole maze, what does the trader do? Accumulate profits while waiting for the right moment, avoid FOMO, and buckle up—rather than that!
👉 Follow me.
⚠️ This is not financial advice!
#SouthKoreaCrypto #stablecoin #fiat
$BTC
$SOL
$XAUT
South Korea demands the creation of a stablecoin backed by the won—Sony also seems about to get involved. Then, in the future, each country will print its own “digital money”… so we’ll call it a stablecoin, or else… online fiat money, guys? 🤯
In the middle of this whole maze, what does the trader do? Accumulate profits while waiting for the right moment, avoid FOMO, and buckle up—rather than that!
👉 Follow me.
⚠️ This is not financial advice!
#SouthKoreaCrypto #stablecoin #fiat
$BTC
$SOL
$XAUT
Per Yonhap News, despite lingering delays in South Korea’s stablecoin legislation, domestic lenders, fintech firms and crypto exchanges are speeding up coalition building for Korean won-pegged stablecoins. KB Financial Group is privately advancing cooperation with Toss under a plan where KB Kookmin Bank leads issuance, Toss oversees circulation, and Bithumb stands as a prospective supporting participant. Hana Bank previously proposed acquiring an equity stake in Dunamu for roughly USD 660 million, a move widely viewed as an effort to integrate Upbit with Naver Pay and Naver’s shopping ecosystem. Industry insiders note Project Hangang, the central bank’s ongoing deposit token initiative run by the Bank of Korea, is poised to shape upcoming stablecoin legislation.#SouthKoreaCrypto $BTC
$ETH
$ETH
South Korea's token securities initiative predates the latest capital-market review. In January, the National Assembly approved amendments recognizing blockchain-based distributed ledgers as valid securities registries and permitting the issuance and circulation of token securities.
According to the FSC, the framework is scheduled to take effect in February 2027, after regulators complete subordinate rules and supporting infrastructure. At the second meeting of its public-private token securities council in May, the FSC said it was targeting July for the release of proposed subordinate regulations and guidelines.
#SouthKoreaCrypto #SouthKorea
According to the FSC, the framework is scheduled to take effect in February 2027, after regulators complete subordinate rules and supporting infrastructure. At the second meeting of its public-private token securities council in May, the FSC said it was targeting July for the release of proposed subordinate regulations and guidelines.
#SouthKoreaCrypto #SouthKorea
🚨 $MEME Community Update
Memeland continues expanding its global presence with a successful Seoul community event, bringing together supporters for product updates, Q&A sessions, and community engagement.
As South Korea remains an influential crypto market, many traders are watching $MEME for future momentum and ecosystem growth.
#MEME #Memeland #SouthKoreaCrypto #Crypto #Altcoins
Memeland continues expanding its global presence with a successful Seoul community event, bringing together supporters for product updates, Q&A sessions, and community engagement.
As South Korea remains an influential crypto market, many traders are watching $MEME for future momentum and ecosystem growth.
#MEME #Memeland #SouthKoreaCrypto #Crypto #Altcoins
Verified
Memeland landed in Seoul 🇰🇷 $MEME Buy South Korean is competitors hold ALTCOIN highly. Memeland go now 🌙
A few days ago, we hosted 2026 SEOULMATES: MEET AND GREET, with our Memeland Korean community.
Our CBO Kevin @KtsMeme shared what’s next for Memeland, followed by Q&A, games, merch and giveaways.
Thank you to everyone who joined and made it special.
#SouthKoreaCrypto #MEME #CryptoNewss #CryptoTrading. #InvestmentOpportunity
A few days ago, we hosted 2026 SEOULMATES: MEET AND GREET, with our Memeland Korean community.
Our CBO Kevin @KtsMeme shared what’s next for Memeland, followed by Q&A, games, merch and giveaways.
Thank you to everyone who joined and made it special.
#SouthKoreaCrypto #MEME #CryptoNewss #CryptoTrading. #InvestmentOpportunity
🚨🇰🇷 THE PARADOX OF FUNERAL FUNDS IN KOREA 🇰🇷🚨
In South Korea, a scandal has emerged that raises serious questions about consumer protection.
Bumo Sarang, the seventh largest funeral service company in the country, invested about 40 million dollars from prepaid customer funds into a leveraged crypto ETF: the T-REX 2X Long BMNR Daily Target.
This product replicates double the daily performance of Bitmine, a company linked to Ethereum.
The result?
A loss of 33 million dollars, with the investment value dropping to just 10 million.
The critical issue is regulatory.
The funeral sector in South Korea is not overseen by financial authorities, but by the Fair Trade Commission.
The only obligation is to keep 50% of customer funds in reserve.
The other 50% can be invested freely, without specific constraints.
This creates a huge systemic risk: companies can use half of the money meant for funerals for speculative operations.
Currently, 43% of companies in the sector hold fewer assets than the advanced funds received.
Bumo Sarang characterized the loss as 'temporary and unrealized,' attributing it to global volatility.
However, Ethereum is already down 28% this year and Bitmine is down 34%.
With 2x leverage, every negative movement is amplified, accelerating losses.
This isn't just about poor management; it's a dangerous regulatory void. When savings meant for delicate moments are turned into financial bets, the line between investment and irresponsibility becomes razor-thin.
#BREAKING #SouthKoreaCrypto #speculation #Bitmine #Ethereum $ETH
In South Korea, a scandal has emerged that raises serious questions about consumer protection.
Bumo Sarang, the seventh largest funeral service company in the country, invested about 40 million dollars from prepaid customer funds into a leveraged crypto ETF: the T-REX 2X Long BMNR Daily Target.
This product replicates double the daily performance of Bitmine, a company linked to Ethereum.
The result?
A loss of 33 million dollars, with the investment value dropping to just 10 million.
The critical issue is regulatory.
The funeral sector in South Korea is not overseen by financial authorities, but by the Fair Trade Commission.
The only obligation is to keep 50% of customer funds in reserve.
The other 50% can be invested freely, without specific constraints.
This creates a huge systemic risk: companies can use half of the money meant for funerals for speculative operations.
Currently, 43% of companies in the sector hold fewer assets than the advanced funds received.
Bumo Sarang characterized the loss as 'temporary and unrealized,' attributing it to global volatility.
However, Ethereum is already down 28% this year and Bitmine is down 34%.
With 2x leverage, every negative movement is amplified, accelerating losses.
This isn't just about poor management; it's a dangerous regulatory void. When savings meant for delicate moments are turned into financial bets, the line between investment and irresponsibility becomes razor-thin.
#BREAKING #SouthKoreaCrypto #speculation #Bitmine #Ethereum $ETH
#SouthKoreaCryptoTaxPetitionReachesParliament
🚨 South Korea Crypto Tax Repeal Petition HITS Parliament – 50K+ Koreans Fighting Back! 🔥
Thread:
A massive public petition demanding the scrapping of South Korea’s 22% crypto capital gains tax (20% + surcharges) has officially reached the National Assembly.
It blasted past 50,000 signatures in just 8 days (now over 52K–53K) and is heading to the Finance and Economic Planning Committee for mandatory review.
The tax was scheduled to kick in January 1, 2027 on annual gains above ~2.5 million KRW (~$1,800). Petitioners argue it’s unfair — other assets get better treatment, it hurts young investors, and could kill South Korea’s competitive edge in the global crypto market.
This is people power in action. With ~32% of Koreans holding crypto, the pressure is ON lawmakers.
3 coins/tokens to watch amid this bullish regulatory momentum:
BTC – The ultimate store of value. Any positive regulatory shift in major Asian markets sends shockwaves of confidence straight to Bitcoin. ETH – Powering DeFi and real utility. South Korea has strong institutional interest — clearer tax skies could accelerate adoption. SOL – High-speed ecosystem with massive retail appeal. Perfect for a country full of active crypto traders looking for the next big narrative.
The bigger picture: This isn’t just South Korea — it’s a global signal. When retail pushes back hard, governments listen. Pro-crypto sentiment is building.
What do you think — will they repeal or just delay? Bullish for the whole market? Drop your take 👇
#SouthKoreaCrypto #cryptotax #CryptoRegulation
$BTC
$ETH $SOL
🚨 South Korea Crypto Tax Repeal Petition HITS Parliament – 50K+ Koreans Fighting Back! 🔥
Thread:
A massive public petition demanding the scrapping of South Korea’s 22% crypto capital gains tax (20% + surcharges) has officially reached the National Assembly.
It blasted past 50,000 signatures in just 8 days (now over 52K–53K) and is heading to the Finance and Economic Planning Committee for mandatory review.
The tax was scheduled to kick in January 1, 2027 on annual gains above ~2.5 million KRW (~$1,800). Petitioners argue it’s unfair — other assets get better treatment, it hurts young investors, and could kill South Korea’s competitive edge in the global crypto market.
This is people power in action. With ~32% of Koreans holding crypto, the pressure is ON lawmakers.
3 coins/tokens to watch amid this bullish regulatory momentum:
BTC – The ultimate store of value. Any positive regulatory shift in major Asian markets sends shockwaves of confidence straight to Bitcoin. ETH – Powering DeFi and real utility. South Korea has strong institutional interest — clearer tax skies could accelerate adoption. SOL – High-speed ecosystem with massive retail appeal. Perfect for a country full of active crypto traders looking for the next big narrative.
The bigger picture: This isn’t just South Korea — it’s a global signal. When retail pushes back hard, governments listen. Pro-crypto sentiment is building.
What do you think — will they repeal or just delay? Bullish for the whole market? Drop your take 👇
#SouthKoreaCrypto #cryptotax #CryptoRegulation
$BTC
$ETH $SOL
🔥 SOUTH KOREA IS DRIVING THE NEXT VOLATILITY WAVE 🔥
The Asian markets are absolutely catching fire right now! Reports are showing that retail leverage trading in South Korea is skyrocketing to mind blowing levels.
When retail traders crank up the leverage, market dynamics change instantly. We are talking about massive buying power, accelerated momentum, and the kind of high octane volume that forces massive liquidations or sends tokens into absolute overdrive.
📊 THE MARKET IMPACT TO WATCH 📊
Insane Volatility: High leverage means even small price fluctuations will trigger massive cascading liquidations or explosive pumps.
Altcoin Dominance: South Korean retail traders are famous for piling into specific altcoins, often driving localized rallies that spread across global order books.
Volume Surge: Expect liquidity to spike during the Asian trading sessions as these leveraged positions battle it out on the charts.
This is a clear signal that the appetite for massive risk is back in a big way. The global trading landscape is shifting gears, and keeping an eye on these specific regional volume surges could give you a massive edge before the next big market move.
Are you playing it safe with spot bags right now, or are you joining the leverage madness? What tokens do you think they are targeting first? Let us know in the comments below! 👇
#SouthKoreaCrypto #LeverageTrading #CryptoNews #CryptoVolatility #Altcoins #TradingVolume #BinanceSquare
The Asian markets are absolutely catching fire right now! Reports are showing that retail leverage trading in South Korea is skyrocketing to mind blowing levels.
When retail traders crank up the leverage, market dynamics change instantly. We are talking about massive buying power, accelerated momentum, and the kind of high octane volume that forces massive liquidations or sends tokens into absolute overdrive.
📊 THE MARKET IMPACT TO WATCH 📊
Insane Volatility: High leverage means even small price fluctuations will trigger massive cascading liquidations or explosive pumps.
Altcoin Dominance: South Korean retail traders are famous for piling into specific altcoins, often driving localized rallies that spread across global order books.
Volume Surge: Expect liquidity to spike during the Asian trading sessions as these leveraged positions battle it out on the charts.
This is a clear signal that the appetite for massive risk is back in a big way. The global trading landscape is shifting gears, and keeping an eye on these specific regional volume surges could give you a massive edge before the next big market move.
Are you playing it safe with spot bags right now, or are you joining the leverage madness? What tokens do you think they are targeting first? Let us know in the comments below! 👇
#SouthKoreaCrypto #LeverageTrading #CryptoNews #CryptoVolatility #Altcoins #TradingVolume #BinanceSquare
🤯SOUTH KOREA IS QUIETLY MAKING A MOVE THE CRYPTO MARKET CAN'T IGNORE 🤫
📈 After years of waiting, South Korea's stock market is closing in on a milestone that could unlock developed-market status.
💰 Why does this matter?
👀 More global capital.
👀 More institutional attention.
👀 More liquidity flowing into Korean markets.
🔥 And if risk appetite returns, Korean-favorite coins like $XRP could benefit from renewed investor activity.
⚡ Smart money watches where capital is moving before prices react.
#xrp #crypto #SouthKoreaCrypto #stocks #blockchain
📈 After years of waiting, South Korea's stock market is closing in on a milestone that could unlock developed-market status.
💰 Why does this matter?
👀 More global capital.
👀 More institutional attention.
👀 More liquidity flowing into Korean markets.
🔥 And if risk appetite returns, Korean-favorite coins like $XRP could benefit from renewed investor activity.
⚡ Smart money watches where capital is moving before prices react.
#xrp #crypto #SouthKoreaCrypto #stocks #blockchain
Security Alert 🚨
South Korea’s top 5 crypto exchanges reported 57 hacks and system incidents between 2020 and April 2026.
As crypto adoption grows, security remains the biggest challenge. Traders should always use strong passwords, enable 2FA, and avoid keeping large funds on exchanges.
Stay safe. Stay informed
Stay safe. Use strong security practices. 🔐
#SouthKoreaCrypto #AltcoinWolF BitcoinBounceBackAbove$61K$BTC
South Korea’s top 5 crypto exchanges reported 57 hacks and system incidents between 2020 and April 2026.
As crypto adoption grows, security remains the biggest challenge. Traders should always use strong passwords, enable 2FA, and avoid keeping large funds on exchanges.
Stay safe. Stay informed
Stay safe. Use strong security practices. 🔐
#SouthKoreaCrypto #AltcoinWolF BitcoinBounceBackAbove$61K$BTC
Most traders focus on market trends, but insiders know that regulatory shifts can be the real market movers, and South Korea's potential crypto tax repeal is one to watch. The signal is clear: a public petition seeking repeal has cleared the 50,000 signature threshold, triggering a legislative review, which could impact crypto prices #cryptotaxation #regulatoryshifts #southkoreacrypto. This means that if the tax is repealed, it could lead to increased investment and higher prices. Keep an eye on the National Assembly's next moves #cryptoregulation. Will this development be the catalyst for a new bull run, or is it just a minor speed bump?
Korea plans to expand the scope of crypto travel rules, significantly lowering the threshold from 1 million KRW. On the surface, it looks like an upgrade in anti-money laundering measures, but for the average user, the real impact isn't on trading itself, but on the entire pipeline of moving funds from the blockchain to fiat accounts.
The Travel Rule adds each layer of verification, meaning: longer address verification processes when withdrawing from exchanges, more risk control pop-ups triggered during withdrawals, and the link to convert into fiat might get separately intercepted. These aren't isolated incidents, but the cumulative friction of the outflow channels.
Most people are only focused on the speed of on-chain transfers, but after the expansion of travel rules, the thing that really slows down isn't the transaction confirmation time, but every check between "having crypto in the wallet" and "this money can actually be spent."
When compliance checks extend from exchanges to the payment side, the choice of withdrawal paths is no longer just about the fees. The more critical metrics are: whether this path can be reliably navigated after passing audits, whether there are alternative options in case of failure, and what the conversion loss is from stablecoins to spending scenarios.
For users who continuously need to cash out and make purchases, sorting out the latter half of the fund flow—cashing out, exchanging, withdrawing, and spending—deserves more time than obsessing over the next entry point.
payall.pro has compiled references for different withdrawal and spending scenarios, helping you see in advance which path suits your cash flow rhythm better. #SouthKoreaCrypto #TravelRule
The Travel Rule adds each layer of verification, meaning: longer address verification processes when withdrawing from exchanges, more risk control pop-ups triggered during withdrawals, and the link to convert into fiat might get separately intercepted. These aren't isolated incidents, but the cumulative friction of the outflow channels.
Most people are only focused on the speed of on-chain transfers, but after the expansion of travel rules, the thing that really slows down isn't the transaction confirmation time, but every check between "having crypto in the wallet" and "this money can actually be spent."
When compliance checks extend from exchanges to the payment side, the choice of withdrawal paths is no longer just about the fees. The more critical metrics are: whether this path can be reliably navigated after passing audits, whether there are alternative options in case of failure, and what the conversion loss is from stablecoins to spending scenarios.
For users who continuously need to cash out and make purchases, sorting out the latter half of the fund flow—cashing out, exchanging, withdrawing, and spending—deserves more time than obsessing over the next entry point.
payall.pro has compiled references for different withdrawal and spending scenarios, helping you see in advance which path suits your cash flow rhythm better. #SouthKoreaCrypto #TravelRule
A massive public petition demanding the abolition of South Korea’s upcoming cryptocurrency tax has officially crossed the 50,000-signature threshold, triggering a mandatory legislative review by the National Assembly.
Current Status and Core Issues:
The Legislative Battle: The petition, which secured over 58,000 signatures, has been formally submitted to the National Assembly's Strategy and Finance Committee. This forces lawmakers to deliberate on the controversial tax before its scheduled implementation on January 1, 2027.
Investor Outrage: The proposed 22% tax (20% capital gains + 2% local tax) on profits exceeding 2.5 million KRW (~$1,800 USD) is viewed as highly discriminatory. Critics argue it unfairly targets retail investors, especially when compared to the 50 million KRW tax-free threshold currently afforded to traditional stock market investors.
Potential Outcomes: Given the history of three previous postponements due to public backlash, there is growing speculation that this parliamentary review could result in another delay, a significant increase in the tax-free exemption, or a total repeal of the framework.
As South Korea remains a major global crypto hub, the parliamentary decision will serve as a critical bellwether for institutional and retail confidence in the region’s regulatory environment. Would you like to explore the specific political amendments currently being discussed by lawmakers?
#SouthKoreaCrypto
#SouthKoreaCryptoTaxPetitionReachesParliament
Current Status and Core Issues:
The Legislative Battle: The petition, which secured over 58,000 signatures, has been formally submitted to the National Assembly's Strategy and Finance Committee. This forces lawmakers to deliberate on the controversial tax before its scheduled implementation on January 1, 2027.
Investor Outrage: The proposed 22% tax (20% capital gains + 2% local tax) on profits exceeding 2.5 million KRW (~$1,800 USD) is viewed as highly discriminatory. Critics argue it unfairly targets retail investors, especially when compared to the 50 million KRW tax-free threshold currently afforded to traditional stock market investors.
Potential Outcomes: Given the history of three previous postponements due to public backlash, there is growing speculation that this parliamentary review could result in another delay, a significant increase in the tax-free exemption, or a total repeal of the framework.
As South Korea remains a major global crypto hub, the parliamentary decision will serve as a critical bellwether for institutional and retail confidence in the region’s regulatory environment. Would you like to explore the specific political amendments currently being discussed by lawmakers?
#SouthKoreaCrypto
#SouthKoreaCryptoTaxPetitionReachesParliament
#openledger $OPEN
💥💥 Petition in South Korea regarding the tax on cryptocurrencies in the country.
🔥The said petition was filed on the national assembly’s petition website in May 2026.
It stated that the tax on virtual assets was unfair and it must either be repealed or completely revised.
🔥Some important aspects related to the petition are:🔥🔥
🔥The government in South Korea plans to levy tax on cryptocurrency earnings from January 2027 onwards. According to the proposal, the tax will be 22% of the virtual asset income in excess of 2.5 million won (US$1,800).
🔥According to the supporters of the petition, cryptocurrency owners are getting less favorable treatment than stock owners since:
losses cannot be carried forward,
the exemption level is not high enough,
and investors’ protections are not adequate
⭐Petition supporters are further cautioning that this tax may result in traders going overseas as well as adversely affect the local cryptocurrency market.
⭐As per reports, more than 40,000 signatures have been garnered by the petition in a matter of days.
🔥 Under the parliament rules of South Korea, all petitions that gather more than 50,000 signatures within 30.🔥🔥
$BTC $ETH #SouthKoreaCrypto #Postondefi #postontradifi #Southkoreacryptopetition
💥💥 Petition in South Korea regarding the tax on cryptocurrencies in the country.
🔥The said petition was filed on the national assembly’s petition website in May 2026.
It stated that the tax on virtual assets was unfair and it must either be repealed or completely revised.
🔥Some important aspects related to the petition are:🔥🔥
🔥The government in South Korea plans to levy tax on cryptocurrency earnings from January 2027 onwards. According to the proposal, the tax will be 22% of the virtual asset income in excess of 2.5 million won (US$1,800).
🔥According to the supporters of the petition, cryptocurrency owners are getting less favorable treatment than stock owners since:
losses cannot be carried forward,
the exemption level is not high enough,
and investors’ protections are not adequate
⭐Petition supporters are further cautioning that this tax may result in traders going overseas as well as adversely affect the local cryptocurrency market.
⭐As per reports, more than 40,000 signatures have been garnered by the petition in a matter of days.
🔥 Under the parliament rules of South Korea, all petitions that gather more than 50,000 signatures within 30.🔥🔥
$BTC $ETH #SouthKoreaCrypto #Postondefi #postontradifi #Southkoreacryptopetition
🔥 DIVINE EUPHORIA IN SOUTH KOREA! 🇰🇷
The South Korean stock market is experiencing a powerful surge in liquidity!
📈 What happened:
+₩350,000,000,000,000 (~$250+ billion) added to market capitalization in just one day!
The KOSPI index jumped more than 6%, triggering the Buy-side Sidecar safety switch (a temporary halt of programmatic buys to cool down the market).
💡 Why does this matter for the crypto market?
South Korea is one of the main global hubs for risk capital and retail trading. The return of Risk-On sentiment and the wild influx of liquidity in the region traditionally create a positive backdrop for cryptocurrencies.
Will these volumes spill over into BTC and altcoins soon? 👁️
#SouthKoreaCrypto
#GoldAndSilverExtendGains
#SuperMicroJumpsOver20%AfterHours
#Nasdaq100RisesOnChipRebound
$BTC
$TSMB
$ETH
The South Korean stock market is experiencing a powerful surge in liquidity!
📈 What happened:
+₩350,000,000,000,000 (~$250+ billion) added to market capitalization in just one day!
The KOSPI index jumped more than 6%, triggering the Buy-side Sidecar safety switch (a temporary halt of programmatic buys to cool down the market).
💡 Why does this matter for the crypto market?
South Korea is one of the main global hubs for risk capital and retail trading. The return of Risk-On sentiment and the wild influx of liquidity in the region traditionally create a positive backdrop for cryptocurrencies.
Will these volumes spill over into BTC and altcoins soon? 👁️
#SouthKoreaCrypto
#GoldAndSilverExtendGains
#SuperMicroJumpsOver20%AfterHours
#Nasdaq100RisesOnChipRebound
$BTC
$TSMB
$ETH
K Wave Media's Bitcoin Bet: 10,000 Coins Promised, Zero Delivered
K Wave Media abandoned its ambitious 10,000 BTC treasury strategy, sold its remaining 88 Bitcoin to repay debt, and pivoted toward AI infrastructure after less than a year.
More: https://bitnxt.io/news/k-wave-media-s-bitcoin-bet-10-000-coins-promised-zero-delivered
#KWaveMedia $BTC #SouthKoreaCrypto
K Wave Media abandoned its ambitious 10,000 BTC treasury strategy, sold its remaining 88 Bitcoin to repay debt, and pivoted toward AI infrastructure after less than a year.
More: https://bitnxt.io/news/k-wave-media-s-bitcoin-bet-10-000-coins-promised-zero-delivered
#KWaveMedia $BTC #SouthKoreaCrypto
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