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Finance
Hwang Seong-yeop, Korea Financial Investment Association chief, says golden time to level up capital markets
Hwang Seong-yeop (황성엽), head of the Korea Financial Investment Association, presented a 10-year blueprint for South Korea’s capital markets and five priority tasks on his 100th day in office. He plans to improve market structure by supporting innovative companies, overhauling retirement pensions, expanding wealth management, driving digital finance innovation and strengthening global competitiveness. He also highlighted possible passive inflows tied to WGBI inclusion and measures to improve foreign investor convenience.
Crypto
U.S. IRS proposes allowing Coinbase, Kraken and other crypto exchanges to use electronic tax filing
The U.S. Internal Revenue Service has proposed changes to how cryptocurrency exchanges deliver tax reporting documents, The Block reported on March 5. If approved, exchanges such as Coinbase and Kraken could provide customers with tax forms electronically instead of on paper, with electronic delivery set as the default. The Block said the move is part of IRS efforts to strengthen oversight of digital asset trading. The proposal is under public consultation and not yet formally approved.
Crypto
War and bitcoin: safe haven or risk asset
Crypto markets are being buffeted by U.S.-Iran military tensions, with bitcoin falling to the low $60,000s as oil prices rise. Some experts argue the conflict could pressure the Federal Reserve into earlier rate cuts and ultimately support bitcoin, while higher energy prices may lift rate-hike risks and weigh on risk assets. The article also highlights moves in DeFi, XRP price optimism, U.S. stablecoin legislation delays and Ethereum roadmap plans.
