Ah, South Korea, land of kimchi, K-pop, and now-crypto startups? Yes, dear reader, after a seven-year ban that felt longer than a BTS world tour 🎤, the government has graciously decided to recognize cryptocurrency firms as venture companies. Starting September 16, these digital cowboys can saddle up and apply for venture certification, unlocking the treasure chest of tax breaks and government funding. How magnanimous!
This bold move places South Korea firmly in the global trend of pretending to understand blockchain while secretly Googling “What is crypto?” 🤔 It’s all about innovation, growth, and fostering a transparent ecosystem-or so they say. One might suspect it’s also about not being left in the dust while other countries cash in on the digital gold rush. Either way, Seoul is now positioning itself as the Silicon Valley of blockchain, minus the overpriced avocado toast 🥑.
So, raise a glass of soju to progress, or at least to the government finally admitting that crypto isn’t going anywhere. Cheers to that-or should we say, cheers to the blockchain? 🍸🔗
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2025-09-11 13:12