According to Odaily Planet Daily, South Korean listed company Bitplanet has launched its first daily Bitcoin accumulation program, aiming to build long-term financial reserves through Bitcoin holdings. The company added 93 BTC to its holdings last Sunday and plans to use the $40 million in previously raised funds to build a corporate treasury of approximately 10,000 BTC.

Reports indicate that South Korea will implement the Digital Asset Basic Act in June 2025, with full effect expected in 2027. It will set unified standards for token issuance, custody, and corporate holdings. Bitplanet stated that it is operating within the strict guidelines of the Financial Services Commission to ensure a smooth transition and has made preparations to comply with future regulatory requirements. (Decrypt)