South Korea is lifting crypto restrictions for venture companies on September 16, giving them easier access to financing avenues and tax breaks.
According to the Ministry of SMEs and Startups (MSS), the measure comes in response to the growing global trust in the crypto sphere, combined with advancements in the user protection department.
The decision comes seven years after the country restricted crypto in October 2018, amidst concerns about speculation influencing the market and the lack of proper investor security.
The shift marks a long-awaited move that could bring South Korea at the forefront of crypto adoption, which could rally projects like Pepenode ($PEPENODE).
South Korea Is With Both Feet Into the Crypto Ecosystem
South Korea is making swift progress in the crypto industry, with the Korean crypto market expected to reach $1.1B in 2025 and $1.3B in 2026, according to Statista.
The only thing holding the country back was the strict regulatory space, which decreased investor participation and hindered progress. With that out of the way, South Korea will likely experience rapid progress in the crypto sphere.
The signs are already there. Despite the strong regulatory embargo, over 16M people, or almost 32% of the country’s population, had accounts at the most popular domestic exchanges: Gopax, Korbit, Coinone, Bithumb, and Upbit.
The biggest push happened in November of last year, shortly after Trump’s election win, when the number of crypto users jumped by 600,000 to 15.6M. Collectively, they hold over 102.6T Won or $70.3B in crypto.
The experts project the number to get to 20M, especially now, with the South Korean regulatory entity loosening the grip on the market.
The influx of new investors will likely impact global markets as well. Bitcoin is already above $114K, while investors like Strategy and BitMine ramp up their crypto hoarding, slowly becoming the most influential names in the crypto space.
Strategy is the leader in the Bitcoinsphere, owning 638,460 $BTC, while BitMine is the primary Ethereum hoarder with over 2.069M $ETH.
The increase in institutional crypto adoption, combined with large players like South Korea joining the market, creates a strong foundation for a global crypto economy.
In this new ecosystem, projects like Pepenode ($PEPENODE) will thrive.
How Pepenode’s $1M Presale Turns Crypto Mining Interactive and Engaging
Pepenode’s ($PEPENODE) presale is nearing $1M in less than a month after its start, benefitting from growing investor support. But why? The reason is Pepenode’s approach to coin mining and how it turns the activity interactive and engaging during the presale itself.
Pepenode lets you buy and upgrade nodes to create your own virtual mining facility. Through this, you can mine meme coins without having to worry about high electricity costs or having to upgrade your rig.
To clarify, you’re not actually earning coins from the mining process; this is just an interactive activity that keeps investors busy and engaged.
That being said, becoming a Pepenode miner does come with benefits like staking rewards and bonuses, especially post-TGE. The mining gameplay also encourages early participation, since early nodes earn you the highest rewards.
The presale is closing in on its first milestone of $1M thanks to the raw investor hype and support and is likely to push way higher in the coming months.
If you’re considering joining the project, do it now while $PEPENODE is still at $0.0010533, because the more the presale grows, the more expensive the token gets.
Plus, you have a staking APY of 1,400%, which rewards early investments the most.
You can buy your $PEPENODE tokens on the official presale page right now.
Will South Korea Trigger the New Alt Season?
It’s very likely that South Korea’s regulatory shift will mark the beginning of the alt season. All pieces are in place for that. Bitcoin is pushing to its psychological threshold of $115K, Strategy stays true to its Bitcoin accumulation tactic, and investor confidence is sky-high.
South Korea’s move could be just what the market needed to start pumping.
So, keep Pepenode ($PEPENODE) on your radar, have a solid investment strategy in place, and watch Bitcoin. Breaking the $115K ceiling could trigger a sustained rally to $128K and beyond.
This isn’t financial advice. Do your own research and invest wisely.
Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/south-korea-lifts-venture-company-crypto-restrictions-as-pepenode-soars
