Today’s Insider ⬇️
🏦 Crypto Tax: South Korea sets January 2027 for crypto tax after years of delays
📈 Market Share: Solana just overtook Ethereum in new developer signups — biggest news shift for Solana?
🚀 Banking License: Kraken parent Payward applies for national OCC trust charter following Ripple, Coinbase
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $80,241 | +0.25 | -20.83% |
Ethereum | $2,319 | +1.14% | +12.39% |
Solana | $92 | +4.66% | -42.24% |
XRP | $1.42 | +2.31% | -36.78% |
S&P 500 | $7,391 | +0.74% | +30.50% |
Gold | $4,723 | +0.51% | +41.28% |
1. South Korea Confirms 22% Crypto Gains Tax Will Take Effect in January 2027
Crypto tax: South Korea's Finance Ministry has confirmed a 22% crypto gains tax will take effect January 1, 2027, applying to an estimated 13.26 million investors earning more than $1,800 annually.
🔎 Insider Insight: The confirmation ends years of political delays, signaling the ministry will proceed regardless of a pending legislative effort to scrap it. With South Korea among the world's most active retail crypto markets, the low $1,800 threshold could meaningfully affect trading behavior.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Solana Overtakes Ethereum in New Developer Signups for the First Time
Market share: Solana now commands 23% of global blockchain developer market share, attracting more new developers than Ethereum in 2025 for the first time, as Ethereum's share fell from 82% in 2020 to 31% today.
🔎 Insider Insight: The shift is structural, considering Solana's developer base is more distributed and growing faster across every measured segment. Meanwhile, processing 125 times Ethereum's Q1 transaction volume suggests that the performance gap is compounding the developer migration.
What is the term for the collective rise in prices of alternative cryptocurrencies following a Bitcoin rally?
3. Kraken Parent Payward Applies for National OCC Trust Company Charter
Banking license: Payward has applied for a national OCC trust company charter to offer bank-level custody and trust services for digital assets, following similar applications from Coinbase and Ripple.
🔎 Insider Insight: Major crypto exchanges are converging on the same regulatory infrastructure play, using OCC charters to unlock institutional custody mandates without state-by-state licensing. With major banking groups already signaling opposition, the OCC's decisions will set a defining precedent for crypto-banking coexistence.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
