South Korea is planning to classify crypto companies as startups to enjoy policy benefits
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
Champion's Final Bow: FC Barcelona vs Real Betis – Celebrate the Title with a Home Finale
Best Oil Trading Platform for Crypto Users in 2026
5 Futures Trading Strategies Smart Traders Use to Cut Crypto Fees and Boost Futures Returns
What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets
How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App
WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.
FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?
FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.
At the Stripe conference, I saw the future of the AI economy
Miners welcome a new life
Seven Important Judgments by Claude Code's Founder at the Sequoia Conference
The payment moment of AI agents: Who will become the Stripe of the machine economy?
Morning Report | MoonPay acquires Solana's execution layer DFlow; Strategy releases Q1 financial report; Manta Network announces the termination of Manta staking program
Rented Tracks: What is this wave of stablecoin FX hot money really paying for?
Dialogue Velocity Eric: What is the stablecoin track that the CFO really wants?
Strategy should have said that selling coins is not ruled out
How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.
Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?
Polymarket Underlying Algorithm Explained
Champion's Final Bow: FC Barcelona vs Real Betis – Celebrate the Title with a Home Finale
Best Oil Trading Platform for Crypto Users in 2026
5 Futures Trading Strategies Smart Traders Use to Cut Crypto Fees and Boost Futures Returns
What Is TradFi? How Crypto Traders Can Now Access Crude Oil, Gold, and Global Markets
How WEEX Bridges Crypto and Football: A Deep Look at the LALIGA Partnership Inside the WEEX App
WEEX is not just a LALIGA sponsor. It’s a true partner. From iPhone Dynamic Island to LALIGA-themed app icons and smart posters, see how WEEX brings football passion into every trade — and builds a real bridge between crypto and sports.
FC Barcelona vs Real Madrid Preview: El Clásico – Can Barça Clinch the Title at Spotify Camp Nou?
FC Barcelona vs Real Madrid El Clásico match preview for May 11, 2026. Barça need just 1 point to win LALIGA. Can Madrid delay the trophy? Full preview inside.
Contents
Popular coins
Latest Crypto News
