Rising Interest in 'Paycoin' Domestic Comeback Amid Virtual Asset Boom

Following overseas trends, the domestic virtual asset market is also showing signs of a positive turn, drawing attention to whether native services such as Paycoin will resume operations.

Recently, the ruling and opposition parties agreed to postpone taxation on virtual assets and announced plans to undertake additional regulatory adjustments over the next two years. The industry has welcomed this move, with Kim Seo-jun, CEO of blockchain company Hashed, expressing optimism that the long-delayed institutionalization of the virtual asset and Web3 industries will accelerate.

This trend is interpreted as being related to changes in overseas markets. Previously, then-President-elect Donald Trump announced a 'pro-virtual asset' policy and has begun preparations for deregulation, including personnel appointments. In particular, with plans to make the U.S. the capital of virtual assets and to foster related industries and companies, competition among countries to attract top-tier firms is expected to intensify.

In Korea, the Virtual Asset Committee, a policy advisory body to financial authorities, is currently discussing the issuance of corporate real-name accounts. It is also reported that discussions will follow on the direction of the Virtual Asset Act and stablecoin regulations, raising keen interest in whether industrial revival centered in Korea will be realized.

Another point of interest is the potential return of native altcoins that once sparked innovation in the market. Representative examples include Klaytn, Paycoin, and WEMIX, which are currently developing projects mainly overseas. Notably, a media company owned by Trump has recently filed a trademark application for a virtual asset payment platform, reflecting growing market interest in this sector.

A representative from Paycoin stated, "After successfully commercializing payments in the U.S., we are currently preparing to enter the European market," adding, "Domestic services will align with government policy directions." They also noted that they are closely monitoring changes in both domestic and international markets and continue to maintain related infrastructure, including a domestic merchant network and 3.2 million subscribers.