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HTX Creation Challenge — Post and Win 1,500UHTX 13th-Anniversary Carnival South Korea’s Financial Services Commission (FSC) is set to submit a government proposal for the Basic Digital Asset Act in ea

HTX Creation Challenge — Post and Win 1,500U

South Korea’s Financial Services Commission (FSC) is set to submit a government proposal for the Basic Digital Asset Act in early September, according to a report from The Herald Business. The legislation, sponsored by Rep. Yoo Dong-soo of the ruling Democratic Party, who chairs the National Assembly’s Political Affairs Committee, aims to introduce a uniform ownership cap for major shareholders of virtual asset exchanges.

Key Provisions of the Proposed Act

The proposal is reportedly centered on applying the same major shareholder ownership cap to all virtual asset exchange operators, regardless of exchange size or market share. A 20% ceiling is being discussed as the base proposal for this cap, which has emerged as the biggest sticking point in the legislative discussions.

The FSC’s move is part of a broader effort to bring traditional financial companies, such as banks, into exchange governance. By imposing a 20% ownership limit, the regulator aims to prevent any single entity from dominating an exchange’s management, thereby enhancing transparency and accountability in the digital asset market.

Context and Implications

This legislative push comes amid South Korea’s ongoing efforts to establish a comprehensive legal framework for digital assets. The country has been a global leader in cryptocurrency adoption, and its regulatory actions are closely watched by market participants worldwide.

The proposed cap is expected to impact not only domestic exchanges but also foreign entities seeking to operate in South Korea. Traditional financial institutions, which have been cautious about entering the crypto space, may see this as an opportunity to participate in exchange governance without taking on excessive risk.

Why This Matters

For investors and industry stakeholders, the Basic Digital Asset Act represents a significant step toward regulatory clarity. 

South Korea’s FSC to Introduce Digital Asset Bill

Key Highlights AWS has finalized a definitive acquisition agreement with DuckLabs, the Amsterdam company that developed the open-source DuckDB analytical database. DuckDB, along with DuckLake and Quac

Amazon (AMZN) Stock: AWS Confirms Acquisition of DuckLabs for Enhanced Data Analytics

HTX 13th-Anniversary Carnival

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U SEC Makes New Move on Cryptocurrencies! New Proposal Submitted to the White House! He

 Trending Token Price Prediction Challenge

SEC Makes New Move on Cryptocurrencies! New Proposal Submitted to the White House! Here Are the Details

With Bitcoin and the cryptocurrency market experiencing a rapid rise in recent days, the US Securities and Exchange Commission (SEC) is preparing to revise the rules regarding how investment advisors and investment firms must hold crypto assets.

At this point, the SEC has taken a new step to update the regulatory framework for the cryptocurrency market.

According to Bloomberg, the SEC submitted its proposal to the White House Office of Management and Budget (OMB) on August 25, aiming to clarify rules regarding the custody of crypto assets held by investment advisors and investment firms.



SEC Makes New Move on Cryptocurrencies! New Propos

🎯 Let Volume Confirm the Move $ARC Emerging blockchain infrastructure can attract speculative capital as new ecosystems gain attention. 🌐 The chart needs to reclaim the latest lower high. If buyers tu

traders might consider short positions if bearish sentiment persists, especially if LTC breaks below key support levels. The low of $49.18 could serve as a critical point; a break below this level mig

🚨 Don't Chase the First Green Candle $C Banking and financial-services activity remains sensitive to credit conditions, rates and economic growth. 🏦 The chart needs a higher low before resistance is c

breaking above the $0.000006 level, giving back much of its gains from the latest crypto market rally. Over the weekend, $SHIB climbed to a multi-month high of $0.000006191, helping the token rise to 

breaking above the $0.000006 level, giving back much of its gains from the latest crypto market rally.

Over the weekend, $SHIB climbed to a multi-month high of $0.000006191, helping the token rise to 26th place among the world’s largest cryptocurrencies. However, the subsequent pullback across the broader crypto market has put renewed pressure on the asset.

At press time, $SHIB traded at $0.000005298, down 14.42% from its recent high. The token also fell 4.09% over the past 24 hours, bringing the $0.000005 level into immediate focus. A break below this level could expose $SHIB to further losses.

Reserve Rights (RSR) is showing steady upside as the community expands its staking rewards, while HODL (HOODB) continues to attract retail interest with its deflationary mechanics. Mask Network (MASK)

$AKT — Akash creates a decentralized marketplace for computing resources. $AIO — AIO Network develops decentralized infrastructure for storage, streaming, and AI workloads. $THETA — Theta develops dec

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U The 3 catalysts that could define bitcoin's next move Bitcoin's $BTC$78.645,53 next m

The 3 catalysts that could define bitcoin's next move

Bitcoin's $BTC$78.645,53 next move depends on three important macro events lined up for the rest of the week.

The first is July's U.S. personal consumption expenditures (PCE) reading, the Fed's preferred inflation gauge, scheduled for release at 8:30 a.m. ET. According to FactSet's consensus forecasts, economists expect the core reading, which excludes food and energy, to come in at 3.2% year-on-year and 0.18% month-on-month, compared with 3.3% and 0.13% in June.



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