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CoinNetwork

According to Coin Circle news, South Korea has officially classified Bitcoin as “strategic state-owned assets.” The “Basic National Asset Law” will formally include Bitcoin and cryptocurrencies in the government’s asset management system.

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MacroPivot
· 5h ago
With national-level endorsement, will there be tax incentives for future Bitcoin investments in South Korea? Worth keeping an eye on.
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Layer2Resident
· 5h ago
This move in South Korea is kind of interesting: treating Bitcoin as a strategic asset means the government would likely hold it long-term and even increase its holdings, effectively injecting a stabilizer into the market. However, it’s also important to watch out for risks brought by excessive financialization—the regulatory balance is hard to strike. Also, the U.S. side hasn’t made a clear statement yet; let’s see how things unfold and whether there’s any coordination afterward.
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BiasFixer
· 5h ago
Previously, South Korea imposed various restrictions on Bitcoin, but now it has directly included it in the “National Asset Basic Act.” The shift in attitude is too drastic. It’s likely because they’ve seen Bitcoin’s potential for fighting inflation and for diversifying assets—after all, South Korea’s acceptance of crypto has always been fairly high. This is a shot in the arm for the global crypto market, and other sovereign countries may follow suit.
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MacroStopper
· 5h ago
From edge assets to strategic state-owned assets, South Korea has played this move quite steadily, setting an example for the world. However, the subsequent regulatory details should follow.
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ChainNomad
· 5h ago
South Korea is about to do something big—Bitcoin’s status is directly taking off.
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