Today Upbit listed Concrete (CT). Korean exchanges really do list some random stuff. Usually you at least get a listing pump, but this one doesn’t even have that. korea Tax issues have killed a lot of the investment sentiment here.
Since crypto is banned in China, how are people still using Binance and other platforms? Do they rely on VPNs, overseas accounts, P2P trading, or other workarounds?
MSCI’s new non-operating company rules put MSTR and Metaplanet at risk of index exclusion. JPMorgan estimates ~$2.8B in passive selling if MSTR is removed. Final list November 11. Rules apply from November 30. Potential headwind for Bitcoin. Worth watching.
Korean crypto investors are starting protests against the tax. From today, truck protests and one-person protests begin at major points in Seoul. Locations: DMC (media hub) In front of the National Assembly In front of the Democratic Party and People Power Party headquarters In front of Seoul Station and the Government Complex They are also running a campaign: post in support of delaying the crypto tax with
This is positive for Bitcoin and altcoins like XRP. Please support the delay.
Not large in scale, but still meaningful as a precedent. Jeonbuk Bank is a regional bank, so the loan volume itself is unlikely to be big. The product is also tightly limited (corporate only, Bitcoin only, operating funds only, bank doesn’t hold the coins), so it won’t move the market on its own. That said, it still matters for a few reasons: It’s the first time a Korean bank has structured Bitcoin as collateral under the current legal framework. They used the revised Civil Execution Rules (effective Oct 1) for recovery via court auction, avoiding direct ownership of crypto. Custody is outsourced to a licensed third party, which is a conservative setup that regulators and bigger banks can actually reference. It shows that “crypto-backed lending” is now possible inside the regulated banking system, not just on exchanges or in DeFi. So while the numbers won’t be large right now, it opens a path that other banks can later follow if regulations loosen or demand grows. It’s more of a regulatory and structural milestone than a volume event.
Friends, today’s a happy day. I found my cat. She got out on the 9th, and I stayed awake for more than 30 hours looking for her. In the end, my friend and I caught her ourselves. I called three cat detectives, and that alone cost about $450, but they still helped. She’s home now.
It’s been such a chaotic day... My cat escaped. I even called a professional cat detective, but we couldn't find him; I spent ten hours searching. I cried—he means so much to me. Please send some encouragement; my heart is aching so much.
Korea my lunch today: spicy pork and tonkatsu. In Korea, if your futures P&L is deep red, people ask: “Can you even eat?” Losses kill your appetite. Yeah, I can. Investing is a mental game. Don’t let the red number shake you.
Follow for Korea updates. Tips welcome — they help buy my cat a snack.
I'm Korean too, so I'll clear everything out before December.
South Korea is about to track crypto leaving the country. From December 3, 2026, transfers from a Korean exchange to an overseas exchange or a personal wallet must be reported to the Bank of Korea and shared with the tax office, customs, and financial regulators. It is not a ban, but the paper trail makes overseas moves less anonymous. Once those flows are tracked, liquidity dries up.
That matters for altcoins, because a lot of Korean retail money sits in them. Koreans hold a large share of XRP in particular, so coins that depend on Korean buying can feel a direct hit if that flow slows. Bitcoin is more shielded by global institutions and ETFs.
There is a second risk. If the Democratic Party actually imposes the long-delayed crypto tax, more Korean holders may sell or move out, and altcoins with heavy Korean ownership would be the first to feel it. If you hold alts, watch Korea — the reporting rule in December, and any tax decision after that.
From Korea, this looks like a losing campaign. First, the offer. One month before the election, Trump said every American adult will get $5,000 if Republicans keep the House and the Senate. That is about $1.2 trillion. Congress has to approve it. Tariff money is not enough. He will not pay it now. He will pay it only if his party wins. Second, the polls. His approval is about 31 percent. Democrats lead the House ballot by almost 10 points. In Texas, Alaska, and Ohio, states Republicans usually win, Senate races are tied or leaning Democratic. A Republican group already stopped spending in North Carolina. Third, A leader who ties cash to election day is not confident. He is trying to buy a vote he is already losing. The check is not a dividend. It is proof the midterm is slipping away.
If the Republican Party led by President #Trump loses control of Congress in the November 2026 U.S. midterm elections, the #Bitcoin market is likely to face short-term policy uncertainty and weakened investor sentiment. However, long-term price trends are expected to be driven more by the Federal Reserve's monetary policy than by political variables.
Trump hit Japan from behind. After PM Takaichi’s Taiwan remarks in November 2025, China halted Japanese seafood imports and warned against travel. From January 2026 it tightened rare-earth and dual-use exports. Terbium and dysprosium had already stopped. That is pressure on manufacturing. The yen fell to 162–164 in mid-2026. Japan spent about ¥11.7 trillion in May, then a record ¥15.4 trillion ($98.6 billion) from July 30 to August 26, partly with the US. The cash came from selling Treasuries. Holdings fell about $51.5 billion in a year, and about $135 billion from the February peak through July. Washington did not step in to save the yen. Japan is the largest foreign holder of US debt. More selling pushes US long-term yields up. The joint intervention came with a demand for fiscal tightening. China squeezes real supply. The US put conditions on the ammunition. The loop: Japan defends the yen → sells Treasuries → US long-term rates rise → liquidity leaves risk assets. Higher yields mean a higher discount rate. While China keeps squeezing and the yen needs defending, that is gravity for Bitcoin and stocks.