The South Korean government is recognizing crypto trading firms as venture companies, a change aimed at providing them with access to government support and potential tax benefits, significantly impacting their growth and profitability.
Bitcoin (BTC) currently has a price of 108,558.70 USD and a market cap of 2.16 trillion USD, with a recent 24-hour price increase of 0.45%. This legislative change is expected to enhance liquidity and attract further investments to the crypto sector.
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