South Korea is planning to classify crypto companies as startups to enjoy policy benefits
By: theblockbeats.news|2025/07/09 13:22:08
0
Share
BlockBeats News, July 9th, according to The Block, the South Korean Ministry of SMEs and Startups announced today its plan to amend the current "Act on Special Measures for the Promotion of Venture Businesses." It proposes to allow virtual asset trading and brokerage service providers to register as "venture companies," thereby making them eligible to receive government support policies.
In South Korea, a "venture company" is a small or startup company that has been formally certified by the government. To be certified, the company must meet certain criteria in terms of investment scale, R&D intensity, or technology assessment and enjoy benefits such as tax breaks and financing support.
Under the current regulations, since 2018, blockchain-based cryptocurrency trading and brokerage businesses have been excluded from the scope of venture company certification and have been classified in the same restricted category as bars and nightclubs.
You may also like
Zhou Hang: How much is SpaceX really worth?
Great companies do not equal good stocks: A deep analysis of why SpaceX's $1.75 trillion IPO valuation may contain a $1.25 trillion bubble, and retail investors should avoid blindly chasing "story premiums."
IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over
The IOSG report indicates that by 2026, the listing of tokens on first-tier exchanges has formed a highly structured path where Coinbase and ByBit are responsible for initial discovery, Binance quickly verifies and confirms, and Korean exchanges provide liquidity at the end.
Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball
Overview of Important Market Events on June 1st
Guaranteed Price Now Live on WEEX: Execute with Greater Precision
To deliver a smoother futures trading experience, WEEX futures has launched a "Guaranteed Price" feature.
Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked
Overview of Important Market Events on May 31
BIS's latest research: The future of stablecoins and the global monetary landscape
The report believes that stablecoins will strengthen the dominance of the US dollar in the short term, posing risks to the monetary sovereignty of emerging markets and developing economies, while the long-term trajectory will depend on their adoption models, regulatory responses, and the synergy of ...
Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years
Compared to Nasdaq, Bitcoin is currently in a severely oversold position within its long-term trend.
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products
In-depth analysis of the cyclical curse of storage stocks: The short-term windfall brought by AI is unsustainable, and rigid capacity will ultimately backfire on prices. Beware of the "low price-to-earnings ratio" wealth trap at the cyclical peak.
"Trapped in the cryptocurrency world: Don't let the anxiety of missing out force you onto the most dangerous last train."
When global assets reach new highs, cryptocurrency becomes the only uninvited guest.
The broken defense of Solana's guardians: In order to tear apart Hyperliquid, they actually picked up the script that Ethereum once criticized itself?
HYPE surge sparks a battle of giants. Solana's leader angrily criticizes Hyperliquid for being too centralized, while Arthur Hayes counters with a strong rebuttal, betting $100,000.
Why is Peter Thiel, behind Palantir, preparing an exit in Argentina?
Palantir, political risk, and the self-preservation of technological oligarchs.
The midlife crisis of Crypto GP: Without PMF, there is no next check from LP
After losing the vastness of the stars and the sea, most Crypto GPs that failed to earn excess returns in this cycle must pragmatically launch a product with PMF, either by proving their ability to help LPs earn excess returns through some niche market, or by solving specific problems for LPs/partne...
Fidelity Mid-Year Review: 6 Key Trends in Digital Assets for 2026
Setting aside short-term market fluctuations, the underlying logic of digital assets is changing. The accelerated integration of capital markets, the implementation of regulatory frameworks, and the continuous optimization of infrastructure constitute the core driving forces of current industry deve...
Three years later: Looking back at my judgment of ChatGPT in 2023
In fact, it's not that difficult to see the big picture; the hard part is admitting that we have repeatedly taken for granted the numbers, speed, and distribution.
From Casino Tools to Global Pricing Machines: The NYSE Leader's Perspective on Hyperliquid
"Why can they do it, but we can't?" This rhetorical question not only reveals the anxiety of traditional exchanges but also reflects the subtle and complex game between TradFi and DeFi after perpetual contracts have shifted from being gambling tools to global price discovery infrastructure.
A Detailed Analysis of "Stock God Serenity" Investment Methodology
In the major trend of AI and other areas, instead of buying the most eye-catching popular stocks, we should drill down along the industry chain to find the most irreplaceable bottlenecks in future architectural migrations, and place bets in advance while old financial reports, old valuations, and ol...
Sharplink CEO: The future of Ethereum is unfolding
The market is focused on the ETH price and foundation controversies, but overlooks the bigger picture: Ethereum is far ahead in stablecoin settlement, RWA, and DeFi, and has already met the conditions for institutional adoption.
Morning Report | Korea Investment & Securities and OKX plan to jointly acquire 40% of Coinone; Polymarket denies implementing KYC comprehensively; Grayscale delays U.S. stock IPO plans
Overview of Important Market Events on May 28
Zhou Hang: How much is SpaceX really worth?
Great companies do not equal good stocks: A deep analysis of why SpaceX's $1.75 trillion IPO valuation may contain a $1.25 trillion bubble, and retail investors should avoid blindly chasing "story premiums."
IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over
The IOSG report indicates that by 2026, the listing of tokens on first-tier exchanges has formed a highly structured path where Coinbase and ByBit are responsible for initial discovery, Binance quickly verifies and confirms, and Korean exchanges provide liquidity at the end.
Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball
Overview of Important Market Events on June 1st
Guaranteed Price Now Live on WEEX: Execute with Greater Precision
To deliver a smoother futures trading experience, WEEX futures has launched a "Guaranteed Price" feature.
Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked
Overview of Important Market Events on May 31
BIS's latest research: The future of stablecoins and the global monetary landscape
The report believes that stablecoins will strengthen the dominance of the US dollar in the short term, posing risks to the monetary sovereignty of emerging markets and developing economies, while the long-term trajectory will depend on their adoption models, regulatory responses, and the synergy of ...
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
