The South Korean Ministry of Small and Medium Enterprises has revised the "Risk Business Act," allowing Crypto Assets trading and brokerage companies to qualify as risk businesses starting from September 16. This revision grants them tax reductions, R&D subsidies, and financial support, reversing the policy that limited the classification of risk businesses due to market speculation concerns in 2018. The ministry pointed out that the global significance of the Crypto Assets industry and the improvement of user protection are the main reasons for this revision.

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