A reform plan on duplicate listings by the Financial Services Commission and Korea Exchange takes effect from Aug. 3, raising hurdles for listing unlisted subsidiaries controlled by listed firms. Spun-off subsidiaries must obtain shareholder approval, while acquired or newly established units face tougher reviews without consent. The plan limits duplicate listings in principle, allowing exceptions only with shareholder protection measures and confirmed subsidiary independence, and imposes five duties on parent boards, along with special committee review requirements.

A claim has surfaced that bitcoin maximalists could sell BTC and shift into XRP if XRP sets a new all-time high. Black Swan Capitalist co-founder Vandell Aljarrah said market sentiment could change quickly in that scenario. Some participants agreed, while others said any rotation could come too late or not happen at all due to strong convictions. The debate also focuses on current prices and what gains would be needed to retake past peaks.