Gate Cryptocurrency News and Market Analysis

South Korean financial regulators implemented leveraged ETF restrictions last week on July 31, targeting single-stock products to curb market overheating and excessive speculation. The measures raised basic deposit requirements and proposed a 20% individual investment cap on such products. Jung

Democratic Party policy chair Han Jeong-ae stated on August 9 that the government's 2026 tax reform plan announced on the 3rd may be finalized by the end of August following party-government coordination. Speaking at a National Assembly press conference, Han explained the coordination became

KOSPI trading volume dropped to its lowest level this year in August as the Korean stock market continued experiencing high volatility. Daily average trading volume fell to 26.277 trillion won this month, the weakest figure recorded since January, according to Korea Exchange data released on the 9th

SK Hynix announced large-scale investments to build new memory fabs in Yongin, Gyeonggi Province, and Cheongju, North Chungcheong Province, totaling approximately 54.3 trillion won. The company will invest 35.2 trillion won in the Yongin Y2 DRAM production facility and 19.1 trillion won in the Cheon

The Seoul foreign exchange market will test the 1,400 won level this week (10th-14th) amid volatility around the US July CPI announcement. The USD-KRW exchange rate hit 1,407.30 won during intraday trading on the last trading day of last week, recording its lowest level since last October and

Ripple declared its European crypto business ready to scale in an Aug. 5, 2026 insight, citing full MiCA authorization as the regulatory foundation for expansion. The company received Crypto Asset Service Provider (CASP) authorization from Luxembourg's Commission de Surveillance du Secteur

The legal team of former Humaysis chairman Nam Gung-gyeon stated on August 9 that investigative authorities need to thoroughly verify the background and subsequent actions related to a complaint filed by minority shareholder Mr. A. Mr. A claimed approximately 300 million won in losses from Humaysis

Senators Cynthia Lummis and Angela Alsobrooks reaffirmed their commitment to the Clarity Act after the Senate vote was delayed to September following a five-week recess. The bipartisan duo issued statements emphasizing continued work on the crypto market structure bill despite the postponement

Trump Media and Technology Group pulled back from two cryptocurrency deals with Crypto.com, according to a report by Axios published Friday. The deals involved a prediction market platform and a treasury arrangement that were not proceeding forward. TAE's interim CEO Kevin McGurn stated that Trump M

Korea Zinc's Project Crucible in Tennessee received FAST-41 designation from the US government in April for producing gallium, germanium, and antimony—critical minerals China restricted from US export. MBK Partners and Youngpoong, engaged in a management dispute with Korea Zinc CEO Choi Yun-beom, re

Korea Electric Power Corporation (KEPCO) faces mounting financial pressure as the Ministry of Climate and Environment advances regional electricity rate reductions and AI data center tariff reforms to support mega projects including semiconductor industrial complexes in the Honam region. The

Netmarble reported second-quarter revenue of 749.2 billion won, up 4.4% year-over-year and 15.0% quarter-over-quarter, but operating profit of 80.1 billion won fell 20.8% year-over-year and missed the market consensus of 86.1 billion won. The company's

South Korea's five major banks reported rising overdraft delinquency rates concentrated among borrowers aged 60 and above and those in their 20s and younger, according to data from the Financial Supervisory Service submitted to National Assembly member Lee Jong-wook of the People Power Party. The de

Japan enacted legislation reducing the maximum tax rate on digital asset trading profits from 55% to approximately 20%, aligning cryptocurrency taxation with stock market treatment. The tax law amendment passed on March 31, while the regulatory framework law passed on July 15, reclassifying digital

The Korean stock market's extreme volatility showed signs of stabilization as the VKOSPI index declined to the mid-70s recently after peaking at 97.99 on June 29, according to Bloomberg analysis published on the date of reporting. The volatility decline followed forced liquidations that reduced

Korea Exchange's strengthened listing rules, implemented July 1, have placed 48 companies on watchlist warning status as of day 7 due to share prices below 1000 won for 25 consecutive trading days. The regulatory changes—requiring 30-day price maintenance above 1000 won and raising market

The United States and Japan jointly intervened in foreign exchange markets on the 31st of last month to purchase yen. This marked the first coordinated intervention between the two countries in approximately 30 years since 1998. The New York Federal Reserve, acting on behalf of the US Treasury,

Germany's Rhine River hit a record low water level of 24cm at Kaub on the 3rd, the lowest since observations began in 1880, according to an IBK Securities report. The extreme drought has intensified raw material procurement constraints for Germany's petrochemical value chain, which was already

Korean construction stocks are gaining attention as profit estimates rise due to momentum from data centers and power plants, according to a Yuanta Securities report released on the 9th. The brokerage forecasts strong Q2 performance, data center momentum from the San Francisco AI Summit, and entry i

KOSDAQ leverage ETFs posted gains of approximately 60% during the week from July 31 to August 7, following a regulatory change that raised the minimum deposit requirement for single-stock leverage ETFs from 10 million won to 30 million won on July 31. The surge occurred as funds previously