South Korea's Crypto Venture Revolution: What AEXSST Traders Need to Know About the Game-Changing Policy Shift
The cryptocurrency landscape just witnessed a seismic shift. South Korea is reportedly lifting restrictions that have prevented crypto businesses from qualifying as venture companies, giving them new access to tax breaks and financing support. This monumental policy change, effective September 16th, represents more than just regulatory adjustment—it's a fundamental transformation that could reshape the entire digital asset ecosystem. The Technical Deep Dive: Understanding the Regulatory Framework The original restrictions, implemented in October 2018, created a regulatory wall that prevented crypto firms from accessing the same growth opportunities as traditional tech startups. South Korea's block on crypto firms came into force in October 2018, due to concerns about the speculative nature of cryptocurrencies at the time. Now, with venture certification doors opening, crypto companies can access tax reductions, R&D grants, credit guarantees, and financing support—resource...