Binance Square

Kari Sura M8Uh

🤛
19 Following
46 Followers
87 Liked
1 Shared
All Content
--
See original
#BTCWhaleMovement Transferred 🚨 Are the whales preparing to flood the market? A mysterious movement ignites fear! In a scene that evokes terror 😨 and questions, dormant Bitcoin "whale" wallets that have been inactive for 14 years have moved over 80,000 BTC worth more than 8.6 billion dollars! So far, no amounts have been sent to exchanges, which may indicate OTC operations or merely a restructuring… but the question is: Is it just a redistribution? Or a precursor to catastrophic selling pressure? The market is currently holding steady around $108,000, with positive funding for futures, but any sign of movement towards exchanges could trigger prices! 📊 As a technical analyst, I advise closely monitoring the levels of 107,000$ and 110,000$ … the fateful decision may be closer than we think! 👀 Do you think it's just a whale trick or a real danger coming? Share your opinion with me!
#BTCWhaleMovement Transferred
🚨 Are the whales preparing to flood the market? A mysterious movement ignites fear!
In a scene that evokes terror 😨 and questions, dormant Bitcoin "whale" wallets that have been inactive for 14 years have moved over 80,000 BTC worth more than 8.6 billion dollars!
So far, no amounts have been sent to exchanges, which may indicate OTC operations or merely a restructuring… but the question is:
Is it just a redistribution? Or a precursor to catastrophic selling pressure?
The market is currently holding steady around $108,000, with positive funding for futures, but any sign of movement towards exchanges could trigger prices!
📊 As a technical analyst, I advise closely monitoring the levels of 107,000$ and 110,000$ … the fateful decision may be closer than we think!
👀 Do you think it's just a whale trick or a real danger coming? Share your opinion with me!
See original
#OneBigBeautifulBill transferred The “One Beautiful Invoice” law is passing in America… but its impact? It will reach each and every one of you! The law raises the debt ceiling by 5 trillion dollars 😵‍💫 This means the party doesn't matter… because Congress intends to print and spend until the planet is drowning in debt 📉💸 🚨 The printer is back up and running at full capacity! There’s no escape… unless you decide to exit the system before you become a slave to the dollar and governments! ✊🏼 Protest your way: buy Bitcoin and let them hold onto their failed paper! 🧻💥 Bitcoin is the digital resistance 🧠🔥
#OneBigBeautifulBill transferred
The “One Beautiful Invoice” law is passing in America… but its impact? It will reach each and every one of you!
The law raises the debt ceiling by 5 trillion dollars 😵‍💫
This means the party doesn't matter… because Congress intends to print and spend until the planet is drowning in debt 📉💸
🚨 The printer is back up and running at full capacity!
There’s no escape… unless you decide to exit the system before you become a slave to the dollar and governments!
✊🏼 Protest your way: buy Bitcoin and let them hold onto their failed paper! 🧻💥
Bitcoin is the digital resistance 🧠🔥
See original
#FOMCMeeting The Federal Reserve will keep the interest rate unchanged and indicates only one cut likely this year. Markets are awaiting a clear signal from Powell regarding the timing of the first cut—most likely in September if inflationary pressures ease.
#FOMCMeeting

The Federal Reserve will keep the interest rate unchanged and indicates only one cut likely this year. Markets are awaiting a clear signal from Powell regarding the timing of the first cut—most likely in September if inflationary pressures ease.
See original
#VietnamCryptoPolicy Here is a brief article about Vietnam and cryptocurrencies (crypto): In recent years, Vietnam has become one of the prominent Asian countries witnessing a growing interest in digital currencies. Despite the absence of a clear regulatory framework, the number of crypto users in Vietnam is experiencing rapid growth, driven by high technical awareness among the youth, an expansion of trading platforms, and a desire for investment and hedging against inflation. According to international reports, Vietnam has ranked high in global cryptocurrency adoption indexes, with Chainalysis data indicating that Vietnam has been at the forefront of crypto adoption for several consecutive years. Vietnamese users are active on platforms like Binance, Bybit, and OKX, participating in trading, decentralized finance (DeFi), and even blockchain gaming. Despite this activity, the Vietnamese government remains hesitant to legalize cryptocurrencies. The central bank does not recognize Bitcoin and cryptocurrencies as legal means of payment, but it does not completely prohibit their ownership or trading. Official authorities are currently studying the possibility of developing a central bank digital currency (CBDC) as part of a digital transformation strategy. In summary, Vietnam represents an intriguing example of a country where the crypto market is growing rapidly despite the absence of clear laws, opening the door to significant opportunities, but also to risks that require awareness.
#VietnamCryptoPolicy
Here is a brief article about Vietnam and cryptocurrencies (crypto):
In recent years, Vietnam has become one of the prominent Asian countries witnessing a growing interest in digital currencies. Despite the absence of a clear regulatory framework, the number of crypto users in Vietnam is experiencing rapid growth, driven by high technical awareness among the youth, an expansion of trading platforms, and a desire for investment and hedging against inflation.

According to international reports, Vietnam has ranked high in global cryptocurrency adoption indexes, with Chainalysis data indicating that Vietnam has been at the forefront of crypto adoption for several consecutive years. Vietnamese users are active on platforms like Binance, Bybit, and OKX, participating in trading, decentralized finance (DeFi), and even blockchain gaming.

Despite this activity, the Vietnamese government remains hesitant to legalize cryptocurrencies. The central bank does not recognize Bitcoin and cryptocurrencies as legal means of payment, but it does not completely prohibit their ownership or trading. Official authorities are currently studying the possibility of developing a central bank digital currency (CBDC) as part of a digital transformation strategy.

In summary, Vietnam represents an intriguing example of a country where the crypto market is growing rapidly despite the absence of clear laws, opening the door to significant opportunities, but also to risks that require awareness.
See original
#MetaplanetBTCPurchase Transferred The Japanese company Metaplanet has taken a bold step by purchasing a large amount of Bitcoin as part of its strategy to hedge against inflation and the weakness of the yen. This move reflects an increasing trend among global companies to rely on Bitcoin as a digital reserve asset. Metaplanet sees Bitcoin as a reliable alternative to traditional assets, especially in times of financial crises and geopolitical volatility. This step is similar to what companies like MicroStrategy have done, enhancing investor confidence in the future of Bitcoin. This purchase is expected to impact the market and increase positive momentum towards the adoption of digital currencies on a global institutional scale.
#MetaplanetBTCPurchase Transferred
The Japanese company Metaplanet has taken a bold step by purchasing a large amount of Bitcoin as part of its strategy to hedge against inflation and the weakness of the yen. This move reflects an increasing trend among global companies to rely on Bitcoin as a digital reserve asset. Metaplanet sees Bitcoin as a reliable alternative to traditional assets, especially in times of financial crises and geopolitical volatility. This step is similar to what companies like MicroStrategy have done, enhancing investor confidence in the future of Bitcoin. This purchase is expected to impact the market and increase positive momentum towards the adoption of digital currencies on a global institutional scale.
See original
#TrumpBTCTreasury The $TRUMP coin started to attract the interest of the cryptocurrency community after the discussion about the possibility of its treasury or supporters holding a stock of Bitcoin 🪙 📉 The current price is at enticing levels after a strong correction 📊 Will we witness a technical rebound driven by political and financial narratives?
#TrumpBTCTreasury
The $TRUMP coin started to attract the interest of the cryptocurrency community after the discussion about the possibility of its treasury or supporters holding a stock of Bitcoin 🪙
📉 The current price is at enticing levels after a strong correction
📊 Will we witness a technical rebound driven by political and financial narratives?
See original
#CardanoDebate #CardanoDebate #Binance The Future of Cardano Currency The future of Cardano currency looks promising based on current forecasts and developments. Here are some key points about the future of Cardano š ²: - *Short-term forecasts*: Analysts expect the price of Cardano to reach $0.64 in 2024, with potential price volatility expected. - *Long-term forecasts*: Projections suggest that the price of Cardano could reach $5.12 to $6.22 by 2030, and $342 to $405 by 2050. - *Technological developments*: Cardano is improving its technology, including the implementation of the Ouroboros protocol, which aims to increase transaction speed and security. - *Partnerships and collaborations*: Cardano has formed partnerships with various organizations, including the Ethiopian government and New Balance, to explore practical applications of its blockchain technology. - *Security and sustainability*: Cardano features the use of a Proof of Stake (PoS) algorithm, which is considered more energy-efficient and environmentally friendly compared to Proof of Work (PoW) currencies. *Factors affecting the price of Cardano*: - *Bitcoin price*: The movement of Bitcoin's price can influence the price of Cardano. - *Supply and demand*: Increasing demand for Cardano can affect its price.$BTC $XRP
#CardanoDebate
#CardanoDebate #Binance
The Future of Cardano Currency
The future of Cardano currency looks promising based on current forecasts and developments. Here are some key points about the future of Cardano š ²:
- *Short-term forecasts*: Analysts expect the price of Cardano to reach $0.64 in 2024, with potential price volatility expected.
- *Long-term forecasts*: Projections suggest that the price of Cardano could reach $5.12 to $6.22 by 2030, and $342 to $405 by 2050.
- *Technological developments*: Cardano is improving its technology, including the implementation of the Ouroboros protocol, which aims to increase transaction speed and security.
- *Partnerships and collaborations*: Cardano has formed partnerships with various organizations, including the Ethiopian government and New Balance, to explore practical applications of its blockchain technology.
- *Security and sustainability*: Cardano features the use of a Proof of Stake (PoS) algorithm, which is considered more energy-efficient and environmentally friendly compared to Proof of Work (PoW) currencies.
*Factors affecting the price of Cardano*:
- *Bitcoin price*: The movement of Bitcoin's price can influence the price of Cardano.
- *Supply and demand*: Increasing demand for Cardano can affect its price.$BTC $XRP
See original
#TrumpTariffs The label #TrumpTariffs refers to the tariff policy adopted by former U.S. President Donald Trump during his term (2017–2021), as part of his strategy to rebalance U.S. foreign trade, particularly with China. This policy focused on imposing high tariffs on a large number of imported goods, ranging from iron and steel to technology and agricultural products, with the stated goal of protecting domestic industry, creating jobs, and reducing the U.S. trade deficit. The most famous phase of this policy was the trade war with China, which began in 2018 and saw the two economic powers exchanging tariffs on hundreds of billions of dollars' worth of goods. These policies sparked widespread division: Supporters viewed it as a necessary tool to pressure China to stop unfair trade practices. Opponents argued that it raised prices for American consumers and harmed global supply chains. The label #TrumpTariffs remained active on social media, especially during periods of trade negotiations and economic crises, and is still used today to discuss the effects of that era on the global economy and U.S. trade policy.
#TrumpTariffs

The label #TrumpTariffs refers to the tariff policy adopted by former U.S. President Donald Trump during his term (2017–2021), as part of his strategy to rebalance U.S. foreign trade, particularly with China.

This policy focused on imposing high tariffs on a large number of imported goods, ranging from iron and steel to technology and agricultural products, with the stated goal of protecting domestic industry, creating jobs, and reducing the U.S. trade deficit.

The most famous phase of this policy was the trade war with China, which began in 2018 and saw the two economic powers exchanging tariffs on hundreds of billions of dollars' worth of goods. These policies sparked widespread division:

Supporters viewed it as a necessary tool to pressure China to stop unfair trade practices.

Opponents argued that it raised prices for American consumers and harmed global supply chains.

The label #TrumpTariffs remained active on social media, especially during periods of trade negotiations and economic crises, and is still used today to discuss the effects of that era on the global economy and U.S. trade policy.
See original
#CryptoRoundTableRemarks #منقول The roundtable for cryptocurrencies is a key platform where experts, investors, developers, and regulators gather to discuss the evolving landscape of cryptocurrency and blockchain technology. These discussions often cover topics such as market trends, regulatory challenges, technological developments, and security concerns. By bringing together diverse perspectives, the roundtable contributes to fostering innovation while promoting responsible growth in this sector.
#CryptoRoundTableRemarks
#منقول
The roundtable for cryptocurrencies is a key platform where experts, investors, developers, and regulators gather to discuss the evolving landscape of cryptocurrency and blockchain technology. These discussions often cover topics such as market trends, regulatory challenges, technological developments, and security concerns. By bringing together diverse perspectives, the roundtable contributes to fostering innovation while promoting responsible growth in this sector.
See original
$ETH The best types of orders for trading on the Binance platform include: 1. Market Order: Executes immediately at the best available price, suitable for quick trades. 2. Limit Order: Allows you to specify the price at which you want to buy or sell, suitable for precise plans. 3. Stop Order: Executes when a certain price is reached, useful for minimizing losses or entering trades during breakouts. 4. OCO Order (One Cancels the Other): Combines two orders, executing one and canceling the other, effective for smart management. The choice of order type depends on your strategy, trade size, and risk tolerance. Understanding orders enhances trading efficiency$BTC
$ETH
The best types of orders for trading on the Binance platform include:
1. Market Order: Executes immediately at the best available price, suitable for quick trades.
2. Limit Order: Allows you to specify the price at which you want to buy or sell, suitable for precise plans.
3. Stop Order: Executes when a certain price is reached, useful for minimizing losses or entering trades during breakouts.
4. OCO Order (One Cancels the Other): Combines two orders, executing one and canceling the other, effective for smart management.
The choice of order type depends on your strategy, trade size, and risk tolerance. Understanding orders enhances trading efficiency$BTC
My Assets Distribution
WCT
SOLV
Others
38.64%
25.61%
35.75%
See original
#MarketRebound The Rise of Ethereum: A Journey to the Top in the World of Digital Currencies Since its launch in 2015, Ethereum has established itself as a key player in the world of digital currencies, not only as a cryptocurrency but also as a technological infrastructure reshaping the future of the internet and financial applications. Unlike Bitcoin, which was designed as a digital alternative to money, Ethereum came with a revolutionary idea: smart contracts, which are programs that run automatically without the need for intermediaries. This feature opened the doors to a new wave of innovation, from decentralized finance (DeFi) to non-fungible tokens (NFTs), making Ethereum the backbone of Web 3.0. Over the years, Ethereum has attracted both developers and investors, significantly increasing its market value, making it the second-largest digital currency after Bitcoin. This rise was further boosted by the historic transition from the proof of work (PoW) mechanism to proof of stake (PoS) in what
#MarketRebound
The Rise of Ethereum: A Journey to the Top in the World of Digital Currencies

Since its launch in 2015, Ethereum has established itself as a key player in the world of digital currencies, not only as a cryptocurrency but also as a technological infrastructure reshaping the future of the internet and financial applications.

Unlike Bitcoin, which was designed as a digital alternative to money, Ethereum came with a revolutionary idea: smart contracts, which are programs that run automatically without the need for intermediaries. This feature opened the doors to a new wave of innovation, from decentralized finance (DeFi) to non-fungible tokens (NFTs), making Ethereum the backbone of Web 3.0.

Over the years, Ethereum has attracted both developers and investors, significantly increasing its market value, making it the second-largest digital currency after Bitcoin. This rise was further boosted by the historic transition from the proof of work (PoW) mechanism to proof of stake (PoS) in what
See original
#NasdaqETFUpdate Nasdaq Exchange-Traded Fund: Less than 17 hours separate us from a potential market shift Time is flying! In less than 17 hours, an important update regarding a Nasdaq-related exchange-traded fund may bring about a radical change in the investment landscape. This impending development could usher in a significant wave of institutional investment into the digital asset market. Investors and analysts are closely monitoring the developments of this matter, as it may directly impact the investment portfolios that rely on technology and stocks related to digital currencies. If this fund is approved or modified, it is expected to greatly enhance the accessibility of traditional participants to the market, potentially unleashing new capital flows.$BTC $XRP
#NasdaqETFUpdate
Nasdaq Exchange-Traded Fund: Less than 17 hours separate us from a potential market shift
Time is flying! In less than 17 hours, an important update regarding a Nasdaq-related exchange-traded fund may bring about a radical change in the investment landscape. This impending development could usher in a significant wave of institutional investment into the digital asset market.
Investors and analysts are closely monitoring the developments of this matter, as it may directly impact the investment portfolios that rely on technology and stocks related to digital currencies. If this fund is approved or modified, it is expected to greatly enhance the accessibility of traditional participants to the market, potentially unleashing new capital flows.$BTC $XRP
See original
#MarketRebound The Rise of Ethereum: A Journey to the Top in the World of Cryptocurrencies Since its launch in 2015, Ethereum has established itself as a major player in the world of cryptocurrencies, not just as a digital currency but as a technological infrastructure reshaping the future of the internet and financial applications. Unlike Bitcoin, which was designed as a digital alternative to money, Ethereum introduced a revolutionary idea: smart contracts, which are programs that run automatically without the need for intermediaries. This feature opened the doors to a new wave of innovation, from decentralized finance (DeFi) to non-fungible tokens (NFTs), making Ethereum the backbone of Web 3.0. Over the years, Ethereum has attracted both developers and investors alike, with its market value rising significantly, making it the second-largest digital currency after Bitcoin. This rise was bolstered by the historic transition from the proof-of-work mechanism to proof-of-stake in what $ETH $ETH $BTC #MarketRebound
#MarketRebound
The Rise of Ethereum: A Journey to the Top in the World of Cryptocurrencies

Since its launch in 2015, Ethereum has established itself as a major player in the world of cryptocurrencies, not just as a digital currency but as a technological infrastructure reshaping the future of the internet and financial applications.

Unlike Bitcoin, which was designed as a digital alternative to money, Ethereum introduced a revolutionary idea: smart contracts, which are programs that run automatically without the need for intermediaries. This feature opened the doors to a new wave of innovation, from decentralized finance (DeFi) to non-fungible tokens (NFTs), making Ethereum the backbone of Web 3.0.

Over the years, Ethereum has attracted both developers and investors alike, with its market value rising significantly, making it the second-largest digital currency after Bitcoin. This rise was bolstered by the historic transition from the proof-of-work mechanism to proof-of-stake in what
$ETH $ETH $BTC
#MarketRebound
See original
#TradingTools101 Trading Tools 101 Trading tools are essential for anyone involved in financial markets, from beginners to seasoned professionals. These tools aid in analyzing market data, executing trades, managing risk, and staying informed. Here’s a breakdown of common trading tools: First. Analysis and Research Tools * Charting Platforms: * Purpose: Visualize price movements, identify trends, and apply technical indicators. * Examples: TradingView, MetaTrader 4/5, thinkorswim, NinjaTrader, eSignal. * Key Features: Customizable charts (candlesticks, bars, lines), various timeframes, drawing tools, technical indicators (moving averages, Relative Strength Index RSI, MACD, Bollinger Bands). * Technical Indicators: * Purpose: Mathematical calculations based on price, volume, or open interest to help traders predict future price movements. * Types: * Trend-following indicators: Moving Averages (MA), Moving Average Convergence Divergence (MACD), Parabolic SAR. * Oscillators: Relative Strength Index (RSI), Stochastic Oscillator, Commodity Channel Index (CCI). * Volatility indicators: Bollinger Bands, Average True Range (ATR). * Volume indicators: On-Balance Volume (OBV), Money Flow for Chaikin.
#TradingTools101
Trading Tools 101
Trading tools are essential for anyone involved in financial markets, from beginners to seasoned professionals. These tools aid in analyzing market data, executing trades, managing risk, and staying informed. Here’s a breakdown of common trading tools:
First. Analysis and Research Tools
* Charting Platforms:
* Purpose: Visualize price movements, identify trends, and apply technical indicators.
* Examples: TradingView, MetaTrader 4/5, thinkorswim, NinjaTrader, eSignal.
* Key Features: Customizable charts (candlesticks, bars, lines), various timeframes, drawing tools, technical indicators (moving averages, Relative Strength Index RSI, MACD, Bollinger Bands).
* Technical Indicators:
* Purpose: Mathematical calculations based on price, volume, or open interest to help traders predict future price movements.
* Types:
* Trend-following indicators: Moving Averages (MA), Moving Average Convergence Divergence (MACD), Parabolic SAR.
* Oscillators: Relative Strength Index (RSI), Stochastic Oscillator, Commodity Channel Index (CCI).
* Volatility indicators: Bollinger Bands, Average True Range (ATR).
* Volume indicators: On-Balance Volume (OBV), Money Flow for Chaikin.
See original
#USChinaTradeTalks Trade Talks Between China and the United States The trade relations between China and the United States are among the most important and complex economic relationships in the world, given the size of the two economies and their global influence. This relationship has experienced phases of cooperation and tension, the most notable being the trade war that erupted in 2018 when the United States imposed tariffs on hundreds of billions of dollars worth of Chinese imports, and China responded with similar measures. The trade talks between the two countries aim to address issues such as the U.S. trade deficit, forced technology transfer, intellectual property rights, and Chinese government support for local companies. Despite the signing of the "Phase One" trade agreement in January 2020, which included commitments from China to increase its purchases of U.S. goods and services, many fundamental issues remain unresolved. With changes in the U.S. administration, there is a relative shift in approach, as the current administration prefers dialogue and diplomatic pressure alongside trade policies. Nevertheless, economic competition between the two powers continues, amid attempts to establish a kind of "strategic stability" that prevents tensions from escalating into a wider conflict.
#USChinaTradeTalks
Trade Talks Between China and the United States

The trade relations between China and the United States are among the most important and complex economic relationships in the world, given the size of the two economies and their global influence. This relationship has experienced phases of cooperation and tension, the most notable being the trade war that erupted in 2018 when the United States imposed tariffs on hundreds of billions of dollars worth of Chinese imports, and China responded with similar measures.

The trade talks between the two countries aim to address issues such as the U.S. trade deficit, forced technology transfer, intellectual property rights, and Chinese government support for local companies. Despite the signing of the "Phase One" trade agreement in January 2020, which included commitments from China to increase its purchases of U.S. goods and services, many fundamental issues remain unresolved.

With changes in the U.S. administration, there is a relative shift in approach, as the current administration prefers dialogue and diplomatic pressure alongside trade policies. Nevertheless, economic competition between the two powers continues, amid attempts to establish a kind of "strategic stability" that prevents tensions from escalating into a wider conflict.
See original
$BNB $BTC General trend: Upward in the short term. • The current resistance at 107,800 poses a challenge; if it is broken with strong volume, we may see a continuation of the rise. • Beware of a correction if MA(7) is broken, especially with declining volumes. • For traders: Buying opportunity from support (107,500–107,000) with a stop loss below 106,500. • For investors: The trend is positive, but safe entry is after confirming a break above $108,000.
$BNB $BTC
General trend: Upward in the short term.
• The current resistance at 107,800 poses a challenge; if it is broken with strong volume, we may see a continuation of the rise.
• Beware of a correction if MA(7) is broken, especially with declining volumes.
• For traders: Buying opportunity from support (107,500–107,000) with a stop loss below 106,500.
• For investors: The trend is positive, but safe entry is after confirming a break above $108,000.
See original
$BTC sees it as a type of money, and some people consider it a store of value, while others compare it to real estate. Each of these categories has a value in the trillions. We don't know which one crypto will dominate exactly, but it's certain that they all have immense value. Happy Eid al-Adha to you all.
$BTC sees it as a type of money, and some people consider it a store of value, while others compare it to real estate.
Each of these categories has a value in the trillions. We don't know which one crypto will dominate exactly, but it's certain that they all have immense value.
Happy Eid al-Adha to you all.
Today's PNL
2025-06-08
-$0.06
-1.63%
See original
What are your thoughts on Bitcoin today, is it rising or falling? 45602681606
What are your thoughts on Bitcoin today, is it rising or falling?
45602681606
See original
#SouthKoreaCryptoPolicy South Korea and Cryptocurrencies: A Cautious and Organized Approach South Korea is one of the most active countries in the field of cryptocurrencies, holding a prominent position in terms of trading volume and the number of users. However, despite this public enthusiasm, the Korean government adopts a cautious and organized approach towards this sector. 1. Strict Regulation to Protect Investors The Korean government seeks to protect investors from fraud and excessive speculation. To this end, it has imposed strict regulations on trading platforms, such as: The necessity for platforms to register and obtain an official license. Strict verification of customer identities Imposing anti-money laundering (AML) rules. 2. Taxes on Cryptocurrencies As part of market regulation, South Korea has announced plans to impose taxes on cryptocurrency profits. Traders are expected to be subject to income tax on their profits, aiming to integrate digital assets into the formal financial system. 3. Encouraging Innovation Within Limits Despite regulatory caution, South Korea does not oppose innovation in the blockchain field. The government supports blockchain projects in various areas such as health, public services, and supply chains, but clearly distinguishes between blockchain technology and cryptocurrencies. 4. Oversight of Stablecoins and DeFi Recently, authorities have increased their oversight of stablecoins and decentralized finance (DeFi) platforms.
#SouthKoreaCryptoPolicy

South Korea and Cryptocurrencies: A Cautious and Organized Approach

South Korea is one of the most active countries in the field of cryptocurrencies, holding a prominent position in terms of trading volume and the number of users. However, despite this public enthusiasm, the Korean government adopts a cautious and organized approach towards this sector.

1. Strict Regulation to Protect Investors

The Korean government seeks to protect investors from fraud and excessive speculation. To this end, it has imposed strict regulations on trading platforms, such as:

The necessity for platforms to register and obtain an official license.

Strict verification of customer identities

Imposing anti-money laundering (AML) rules.

2. Taxes on Cryptocurrencies

As part of market regulation, South Korea has announced plans to impose taxes on cryptocurrency profits. Traders are expected to be subject to income tax on their profits, aiming to integrate digital assets into the formal financial system.

3. Encouraging Innovation Within Limits

Despite regulatory caution, South Korea does not oppose innovation in the blockchain field. The government supports blockchain projects in various areas such as health, public services, and supply chains, but clearly distinguishes between blockchain technology and cryptocurrencies.

4. Oversight of Stablecoins and DeFi

Recently, authorities have increased their oversight of stablecoins and decentralized finance (DeFi) platforms.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

Wanda Maximoff
View More
Sitemap
Cookie Preferences
Platform T&Cs