# Сопутствующие статьи по теме Regulation

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Regulation", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

15% Equity Threshold: Governance Revolution and Capital Reshuffle in Korean Exchanges

South Korea's Financial Services Commission (FSC) has proposed a major governance overhaul for major cryptocurrency exchanges as part of its "Virtual Asset Second Phase Legislation." The plan would classify large platforms like Upbit, Bithumb, Coinone, and Korbit as "core infrastructure" and impose a strict cap on major shareholders' stakes, limiting them to between 15% and 20%. This move targets two key issues: excessive power concentration in the hands of founders or major shareholders, and the disproportionate privatization of substantial trading fee revenues. The proposal aligns exchange governance with traditional financial standards, similar to rules for Alternative Trading Systems (ATS) under the Capital Markets Act. If implemented, the four leading exchanges would face significant ownership restructuring. For instance, Upbit’s major shareholder holds 25.5%, Bithumb Holdings owns 73%, Coinone’s chairman controls 54%, and NXC holds around 60.5% of Korbit. Each would need to divest substantial stakes. The initiative aims to institutionalize the crypto market, reduce systemic risk, and potentially open doors for traditional financial institutions to enter. However, critics argue it may stifle innovation, violate property rights, cause management instability, and drive businesses to more crypto-friendly jurisdictions like Singapore or Dubai. The proposal reflects a broader effort to balance financial stability with industry growth, marking a pivotal moment in South Korea’s crypto regulatory landscape.

marsbit12/31 09:51

15% Equity Threshold: Governance Revolution and Capital Reshuffle in Korean Exchanges

marsbit12/31 09:51

Why Did It Take Prediction Markets Nearly 40 Years to Explode?

This article explores the explosive growth of prediction markets in 2025, which saw an estimated 400% increase in trading volume, reaching $40 billion, and a user base growing to 15 million. It examines why, despite existing since the 1980s (e.g., Iowa Electronic Markets), prediction markets only recently surged in popularity. Key factors for the 2025 boom include major regulatory progress. The CFTC approved platforms like Polymarket as designated contract markets, allowing them to operate legally in the US. This compliance enabled wider distribution, integration into major apps like Robinhood, and attracted institutional investment, with both Polymarket and Kalshi securing over $1 billion in new funding. Regulatory clarity also allowed for a diversification of event types, including sports and crypto, which now dominate trading volume. The article contrasts prediction markets with traditional gambling, noting the US government distinguishes them based on their "positive externalities." Unlike sportsbooks that set odds, prediction markets facilitate peer-to-peer betting, aggregating collective knowledge to improve information efficiency and decision-making, which regulators view as socially beneficial despite gambling-like elements. A provocative section discusses insider trading. Some argue that insiders using non-public information on anonymous, decentralized platforms like Polymarket can enhance market accuracy and serve as a form of information discovery. However, this may harm retail trader trust and long-term liquidity. In conclusion, the convergence of regulatory approval, product improvement, and AI-driven tools created a perfect environment for prediction markets to thrive in 2025, though questions about fairness, competition, and global adoption remain open.

marsbit12/31 03:49

Why Did It Take Prediction Markets Nearly 40 Years to Explode?

marsbit12/31 03:49

WEEX Labs: Looking Ahead to 2026, What Significant Opportunities Are People Bullish On?

Looking ahead to 2026, the crypto market is expected to shift from speculation-driven dynamics toward utility and fundamental value. Key trends include institutional adoption, RWA tokenization, AI and crypto integration, prediction markets, Perp DEX evolution, privacy technologies, and stablecoin payments. Institutional interest will expand with the arrival of "ETF 2.0," offering yield-generating products and potential sovereign wealth fund participation. RWA tokenization will scale beyond treasury bonds to include equities, ETFs, and consumer assets like collectibles. The convergence of AI and crypto will advance toward an "Agentic Economy," where AI agents operate autonomously via micro-payment networks and identity frameworks. Prediction markets are set to grow into broad hedging tools for events beyond elections, such as policy and sports. Perp DEX platforms will focus on real revenue and user retention, with innovations like synthetic assets enabling trading of traditional markets on-chain. Privacy will become a mainstream requirement, driven by technologies like ZK and FHE, appealing to institutions seeking compliance and confidential transactions. Stablecoin payments, bolstered by regulatory clarity, will see deeper integration by banks and payment giants, dominating cross-border settlements and emerging as a core use case. Overall, 2026 is poised to be a year of systemic integration, where crypto aligns more closely with real-world applications and traditional finance, marking a maturation of the industry.

marsbit12/30 18:31

WEEX Labs: Looking Ahead to 2026, What Significant Opportunities Are People Bullish On?

marsbit12/30 18:31

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