Retail Leverage Graveyard, Institutional Money Heaven - The South Korean Financial Commission, in collaboration with five major exchanges, has established an emergency task force. Next month, guidelines for cryptocurrency lending services will be issued, directly targeting platforms like Upbit and Bithumb with 4x leverage! The crypto world has changed overnight; some face liquidation, while others secretly position themselves.

Core of the New Regulations: Seven sharp knives, each cutting deep

  1. Leverage Cap: Currently, Bithumb allows 1 unit collateral to borrow 4 units, and Upbit allows 80% of asset borrowing. After the new regulations, leverage may be cut in half! Regulation states: 'High leverage = retail investor meat grinder.'

  2. User Threshold: Newbies want to play with leverage? First, take an exam! Risk assessment + asset proof become standard, ending the era of mindless gambling.

  3. Collateral Blacklist: Want to use altcoins or air tokens as collateral? Not a chance! Only recognizes mainstream coins like BTC, ETH; garbage coins face collective defeat.

  4. Forced Liquidation Mechanism: Mandatory pause in liquidation during a crash to prevent a 'long slaughter' disaster.

Captain's Understatement: If exchanges don't self-regulate, regulators will help you sever limbs to survive!

Market Shock: Three blood-soaked battlefields

(1) The Leveraged Party's Doomsday Escape

South Korean retail investors love 4x leverage, getting rich effortlessly; with the new regulations, 200,000 high-leverage accounts face forced liquidation or reduced positions.

Last night, the BNB/USDT leverage lending rate on Bithumb soared by 300%, retail investors scramble for the last celebration ticket.

(2) Major reshuffle of exchanges

Giants like Upbit and Bithumb face skyrocketing compliance costs; small to medium platforms may exit the market directly!

Under Currents: User data shows South Korean retail investors are registering large numbers of offshore accounts on Binance, Bybit, etc.; regulatory iron fists may create outflow black holes.

(3) Altcoin Avalanche Warning

High-leverage players are the 'last lifeline' for altcoins; with the new regulations cutting off leveraged funds, tokens outside the top 50 by market cap could drop by 30% or more!

Warning: South Korean meme coins become disaster zones.

Winners take all: These three types of people will profit effortlessly!

1. Compliance Platform Coin:

Upbit's darling FLOW, and Bithumb's eco-coin BNT, once they pass regulatory review, will become 'Kings of Licenses,' with institutions rushing to buy in.

2. Bank-backed Stablecoins:

South Korea's eight major banks (such as Kakao Bank) have registered trademarks for won-backed stablecoins, with stock prices soaring 19% in a week! After the new regulations, bank-stablecoins may become the only legal collateral for lending, while USDT and USDC could be expelled.

3. Short Seller Hunter:

Before the new regulations take effect in August, a 'leverage zeroing panic' will surely trigger a selling spree! When BTC and ETH crash, shorters can target highly leveraged coins (like SOL, DOGE), with a risk-reward ratio exceeding 3:137.

Policy Chain Reaction: Tax reform + stablecoins, a double-edged sword

A 20% capital gains tax will be implemented next year, but the tax-free threshold will rise from 2.5 million to 50 million won (approximately 360,000 RMB). Retail investors rejoice, while whales weep.

Central Bank Virtual Asset Task Force takes office, issuing stablecoin rights only to banks; exchanges want to issue coins? No way!

Captain's Bold Statement: South Korea is turning the crypto space into a casino - you can play, but the chips must be mine!

Retail Escape Pod: Three steps to dodge the scythe

  1. Leverage Cleanout: Exit high-leverage positions from South Korean exchanges before August, shift to spot or compliant derivatives (like CME Bitcoin futures).

  2. Switch to compliant assets: BTC, ETH, and bank stablecoins are safety nets; be cautious about bottom fishing Korean platform coins (like KCS)!

  3. Position for policy dividends: After the new regulations take effect, if Bithumb and Upbit receive one of the first licenses, platform coins could double instantly (refer to 2024 Coinbase compliance market).

Regulation is not the end, but the clarion call for wealth transfer! Retail investors perish in leverage, while market makers joyfully accept blood-stained chips; wild exchanges face annihilation, licensed giants sit back and collect rents; the next wave of wealth secrets will only be revealed in the captain's fleet group, with the captain's code 'Korean Regulations' at the core.

Data Storm Eye: South Korea accounts for 12% of global crypto trading volume; the new regulations will unleash a regulatory tsunami across Asia!