Policy Event Β· Medium impact

South Korea Crypto Tax Petition Moves To Assembly Review

A South Korean petition seeking to abolish virtual asset taxation reached 58,571 signatures, clearing the 50,000-signature threshold for National Assembly committee review. The filing reopens the policy path for the planned taxation of virtual asset gains above KRW2.5 million from January 1, 2027.

Medium impactπŸ‡°πŸ‡· South KoreaTaxationRegulationKRWSouth Korea National AssemblyMinistry of Economy and Finance

APAC FINSTAB analysis

For APAC operators, this creates a medium-impact signal around taxation, regulation in South Korea. Protocols/assets in scope: KRW. Named institutions or platforms: South Korea National Assembly, Ministry of Economy and Finance. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Taxation tracker page β†’

Related policy events

21Shares Amends Injective ETF Filing With Staking Feature

21Shares filed an amended S-1/A for a Nasdaq-listed Injective ETF under ticker TINJ, with the fund tracking the FTSE Injective Index and potentially staking part of its INJ holdings. The filing brings staking rewards, validator selection, slashing risk and redemption liquidity into the SEC disclosure perimeter for a single-token ETF.

High impactπŸ‡ΊπŸ‡Έ United StatesETFStakingRegulationINJ

Coinbase Derivatives Files For Single-Stock And ETF Perpetual Futures

Coinbase Derivatives filed with the CFTC to list cash-settled perpetual futures referencing more than 50 U.S.-listed stocks and ETFs on a regulated derivatives venue. The proposal extends crypto-style perpetual market structure into equity references, putting index construction, margin, surveillance and cross-market manipulation controls under regulatory review.

High impactπŸ‡ΊπŸ‡Έ United StatesRegulationExchangeTokenizationRWA

Lemon Exits Brazil Over Crypto Licence Capital Requirements

Argentine crypto exchange Lemon said it will leave Brazil because the central bank's crypto business licence capital lock-up requirement does not match its local scale. The exit schedule, including Lemon Card shutdown and automatic account closure, shows how prudential capital rules can force regional crypto operators to retreat.

High impactπŸ‡§πŸ‡· BrazilRegulationLicensingExchangeBRZ

MiCA Register Shows Bank CASPs Roughly Doubling Since June

Analysis of the ESMA MiCA register found the number of bank crypto-asset service providers rising from about 40 to about 80 between late June and mid-September. The trend pushes EU crypto services further into bank-grade capital, governance, audit and passporting expectations while increasing pressure on non-bank CASPs.

Medium impact🌐 EULicensingBankingRegulationEURC