Prix de Virtuals ProtocolVIRTUAL

Original source: Newsis Compiled by: KarenZ, Foresight News On February 13, South Korea held its third virtual asset committee meeting, planning to allow corporations to open real-name virtual asset accounts in phases, gradually opening up institutional participation in the virtual currency market. This policy marks South Korea's formal opening of the virtual asset market to corporate investors, reflecting changes in the South Korean virtual currency market environment and signaling a trend towards the mainstreaming of cryptocurrencies. However, at the same time, law enforcement agencies such as the prosecution and the National Tax Service have been allowed to open real-name accounts, which may transfer and sell criminal proceeds confiscated in virtual currency and collect tax arrears, potentially raising market concerns. So what directives were issued at the third virtual asset committee meeting convened by the South Korean Financial Services Commission today? The following content is compiled from Newsis. The Vice Chairman of the Financial Services Commission, Kim Joo-young (phonetic), convened the third virtual asset committee meeting and decided to advance the plan for corporations to open real-name virtual asset accounts in three phases, initially allowing law enforcement agencies, non-profit corporations, virtual asset exchanges, and other institutions that need to open accounts for "cash conversion purposes" to participate, with plans to gradually expand to professional investment corporations (for investment and financial purposes) and ordinary corporations in the future. Therefore, the Financial Services Commission has drafted a roadmap to gradually allow corporate participation in the virtual currency market without compromising user protection and market stability. Law enforcement agencies such as the prosecution, National Tax Service, Customs Service, and local governments have been allowed to open accounts since last November for the transfer and sale of virtual assets due to the confiscation of criminal proceeds and the compulsory collection of tax arrears. Non-profit corporations, such as designated donation groups, need to receive and liquidate virtual asset donations, and will be allowed to open corporate accounts in the second quarter of this year. However, due to the lack of specific standards and procedures in receiving and liquidating virtual assets, internal control standards need to be established in advance. Exchanges need to sell virtual assets (their own assets) obtained from transaction fees for operational expenses such as employee salaries and taxes, thus requiring urgent sales transactions. Given that such sales transactions may have a proprietary nature, potentially harming users by causing price declines, the South Korean government plans to establish public guidelines to limit the types and quantities of virtual assets sold. The second phase policy, which will be promoted in the second half of this year, plans to allow professional investment corporations to invest in virtual assets. According to the Capital Markets Act, professional investment corporations do not include financial companies but target listed companies and corporations registered as professional investors (about 3,500). This is to pilot transactions for investment and financial purposes, starting with trades from institutional investors with risk-bearing capacity. Due to the potential anti-money laundering risks associated with large-scale virtual asset transactions, the government will implement this after establishing relevant guidelines and monitoring measures. Additionally, since the investment capabilities of various corporations differ, the opening of accounts will undergo detailed review by banks and exchanges. The full participation of ordinary corporations will be studied as a medium to long-term plan, as it involves secondary legislation related to virtual assets and institutional adjustments such as foreign exchange tax systems. The second phase of legislation needs to include regulatory oversight of the business activities of virtual asset exchanges and a regulatory framework for stablecoins. At the same time, the Foreign Exchange Transaction Act needs to be improved to monitor cross-border virtual asset transactions. The Financial Services Commission plans to work with the government and private institutions to establish guidelines for corporate participation in virtual asset investments. Vice Chairman Kim Joo-young stated, "Regarding the second phase of virtual asset-related laws, including stablecoins, traders, and trading supervision, we will accelerate discussions within the virtual asset committee." He also added, "Regarding token securities, relevant legal amendments have been submitted, and we will actively support the National Assembly in swiftly passing the bill."

Here are some potential future use cases for $IP: Financial Use Cases 1. *Decentralized Lending*: $IP can be used as collateral for decentralized lending platforms. 2. *Stablecoins*: $IP can be used to back stablecoins, providing a stable store of value. 3. *Payment Systems*: $IP can be integrated into payment systems, enabling fast and secure transactions. Non-Financial Use Cases 1. *Gaming*: $IP can be used as in-game currency or for rewards. 2. *Social Media*: $IP can be used to reward content creators or for virtual gifts. 3. *Supply Chain Management*: $IP can be used to track and verify the authenticity of goods. Enterprise Use Cases 1. *Cross-Border Payments*: $IP can be used for fast and secure cross-border payments. 2. *Digital Identity*: $IP can be used to create secure digital identities for individuals and businesses. 3. *Smart Contracts*: $IP can be used to execute and settle smart contracts. Government and Institutional Use Cases 1. *Central Bank Digital Currencies (CBDCs)*: $IP can be used as a model for CBDCs. 2. *Government Payments*: $IP can be used for secure and efficient government payments. 3. *Identity Verification*: $IP can be used for secure identity verification and authentication. These use cases demonstrate the potential for $IP to be used in various industries and applications, driving adoption and growth.$IP

Solayer's native token, $LAYER , has recently garnered significant attention in the cryptocurrency market. Here's an overview of its current performance: Key Considerations for Holding $LAYER : 1. Project Fundamentals: Innovative Technology: Solayer aims to scale the Solana ecosystem through hardware acceleration and specialized software architecture, achieving over 1 million transactions per second. Ecosystem Integration: Maintains compatibility with the Solana Virtual Machine (SVM), allowing seamless integration of existing Solana applications. 2. Market Activity: Exchange Listings: Recently listed on major exchanges, including Binance, Gate.io, and KuCoin, enhancing its accessibility to investors. Price Volatility: Experienced significant price movements post-listing, with a peak of $1.47 on February 12, 2025, before stabilizing around $1.10. 3. Community Engagement: Airdrop Initiatives: Participated in Binance's HODLer Airdrop program, increasing visibility and distribution among BNB holders. Holding Strategy Recommendations: Long-Term Perspective: Given Solayer's focus on enhancing blockchain scalability and its integration with the Solana ecosystem, a long-term holding approach may be beneficial as the project develops. Stay Informed: Regularly monitor official announcements and updates to stay abreast of technological advancements and partnerships that could influence $LAYER 's value. Risk Management: Due to inherent market volatility, consider diversifying your investment and only allocate funds you can afford to hold over an extended period. In summary, Solayer's innovative approach to scaling the Solana network positions it as a project with potential. However, it's essential to conduct thorough research and assess your risk tolerance before making investment decisions.

$IP: Revolutionizing Blockchain with Story Protocol Story Protocol and its native token, $IP, are transforming the blockchain landscape. This innovative protocol enables the creation, management, and sharing of unique digital assets. What is Story Protocol? Story Protocol is a decentralized blockchain protocol built on a robust and scalable architecture. It facilitates fast transaction times, low fees, and a seamless user experience. The Power of $IP $IP is the native token of the Story Protocol ecosystem, used for: 1. Facilitating transactions 2. Incentivizing network participants 3. Governing the protocol Use Cases for Story Protocol and $IP 1. Digital Art and Collectibles 2. Virtual Real Estate 3. Gaming 4. Social Media Conclusion Story Protocol and $IP represent a new era of blockchain innovation. With its vast range of use cases and applications, this protocol has the potential to revolutionize the way we interact with blockchain technology. Key Takeaways: 1. Story Protocol enables creation, management, and sharing of unique digital assets. 2. $IP is the native token, used for transactions, incentives, and governance. 3. Vast use cases include digital art, virtual real estate, gaming, and social media. 4. Story Protocol and $IP represent a new era of blockchain innovation.

$IP The world of blockchain technology is constantly evolving, and one of the most exciting developments in recent times is the emergence of Story Protocol and its native token, $IP. This innovative protocol is designed to revolutionize the way we interact with blockchain technology, and its potential applications are vast. What is Story Protocol? Story Protocol is a decentralized blockchain protocol that enables the creation, management, and sharing of unique digital assets. These assets can take many forms, including digital collectibles, art, music, and even virtual real estate. The protocol is built on a robust and scalable blockchain architecture, ensuring fast transaction times, low fees, and a seamless user experience. The Power of $IP $IP is the native token of the Story Protocol ecosystem, and it plays a crucial role in the functioning of the protocol. $IP is used to facilitate transactions, incentivize network participants, and govern the protocol. The token is designed to be highly versatile, with a wide range of use cases and applications. Use Cases for Story Protocol and $IP The potential use cases for Story Protocol and $IP are vast and varied. Some examples include: 1. *Digital Art and Collectibles*: Story Protocol enables artists and creators to mint, manage, and share unique digital assets, including art, collectibles, and rare in-game items. 2. *Virtual Real Estate*: The protocol allows for the creation and management of virtual real estate, enabling new forms of online interaction and commerce. 3. *Gaming*: Story Protocol can be used to create immersive gaming experiences, with $IP serving as a rewards token for players. 4. *Social Media*: The protocol enables the creation of decentralized social media platforms, where users can share content, interact with each other, and earn $IP rewards. Conclusion Story Protocol and $IP represent a new era of blockchain innovation, enabling the creation, management, and sharing of unique digital assets. With its vast range of use cases and applications, this protocol has the potential to revolutionize the way we interact with blockchain technology. As the ecosystem continues to evolve and grow, it will be exciting to see the impact that Story Protocol and $IP will have on the world of blockchain and beyond. Key Takeaways 1. Story Protocol is a decentralized blockchain protocol that enables the creation, management, and sharing of unique digital assets. 2. $IP is the native token of the Story Protocol ecosystem, used to facilitate transactions, incentivize network participants, and govern the protocol. 3. The potential use cases for Story Protocol and $IP are vast and varied, including digital art and collectibles, virtual real estate, gaming, and social media. 4. Story Protocol and $IP represent a new era of blockchain innovation, with the potential to revolutionize the way we interact with blockchain technology.