Korea's Crypto Tax Starts in 2027. Volume Already Fell 54.6%.
South Korea's crypto tax lands January 2027, but exchange volume already fell 54.6% in the first half of 2026. The missing rule is on losses.
South Korea's crypto tax lands January 2027, but exchange volume already fell 54.6% in the first half of 2026. The missing rule is on losses.
BitMart says withdrawals stay open as it winds down. On-chain data shows only 58 wallets and $805K left in 24 hours, with funds moving to rival exchanges.
BitMEX invented the perpetual swap and once held 57% of crypto derivatives. It shuts down on 23 September while trading $138 million a day.
ICE, owner of the NYSE, and crypto exchange OKX launched a 50-50 venture, led by Andrew Cuomo, to give 120 million users access to ICE futures and tokenized NYSE stocks. Wall Street is now building the rails itself.
CHIP hit CoinGecko's trending list with $200M in daily volume. The protocol has $225M in active GPU loans. But 80% of the token supply is still locked.
Hana Bank acquired 6.55% of Dunamu from Kakao for 1 trillion won. The deal includes a won-stablecoin partnership and closes three weeks before Dunamu's merger vote with Naver.
Two buyers, 20% each, through new shares. Hours earlier Hana Bank paid $670 million for Upbit's parent. Every major Korean exchange now has a suitor.
The same investigator who crashed RAVE is now offering $10,000 bounties for LAB market-making contracts. The founders ran a token that dropped 93% before this one.
First Neiro on Ethereum rallies from $0.000055 to $0.000096 on the weekly chart, outpacing most meme tokens in the recovery. The Dogecoin-linked token is still down 97% from its all-time high, but a broader altcoin rotation and returning volume are fueling the bounce.
The Web3 music token erased $5.7 billion in market cap within 48 hours. RaveDAO's six-part denial on X accelerated the sell-off rather than stabilizing it. The team confirmed it may liquidate unlocked tokens for operations.
OKX is the second-largest offshore crypto exchange by trading volume and arguably the most aggressive in expanding beyond pure trading into payments, institutional services, and now direct equity stakes in regulated exchanges. The coverage here tracks what matters: global expansion moves including the Coinone stake talks in South Korea, the Gopax precedent set by Binance, and how OKX positions itself in Asia’s tightly regulated markets without a local license, product launches from the OKX Card with Mastercard and Circle to the Agent Payments Protocol built for AI-driven commerce across Ethereum, Base, Sui, and Aptos, institutional infrastructure like the BitGo off-exchange settlement integration and the push into prime brokerage services for funds that need third-party custody, regulatory friction including the DAXA complaint over unauthorized promotion to Korean users and the broader question of how an offshore exchange operates in markets that require domestic registration, and OKX Chain and Web3 wallet developments as the company builds its own DeFi stack while simultaneously buying into centralized venues. OKX moves differently from Binance. It does not dominate through sheer volume. It targets specific markets, builds payment rails, and acquires stakes rather than whole companies. A Coinone deal would give it a licensed Korean seat. The Mastercard card puts it inside European retail wallets. The AI agent protocol positions it for machine-to-machine payments before most exchanges have even considered the category. Coinliva covers the deals, the product rollouts, the regulatory battles, and the strategic question at the center of it all: whether an offshore exchange can buy its way into legitimacy one market at a time.