Yongbeom Kim "Global Bitcoin Preemption Competition Begins… Korea Must Hurry" [Virtual Asset Investment Insight Forum 2025]

Virtual Asset Investment Insight Forum 2025

Trump Accelerates Crypto Innovation Post-Election

Global Virtual Asset Hegemony Competition to Intensify

Yongbeom Kim, CEO of Hashed's think tank Hashed Open Research (HOR), emphasized that the competition to preempt Bitcoin in the global financial market has already begun.

On the 25th, at the 'Virtual Asset Investment Insight Forum 2025' held at Conrad Hotel in Yeouido, Seoul, CEO Kim analyzed that the fusion of traditional finance and crypto is accelerating financial innovation due to the U.S.'s pro-virtual asset policy.

CEO Kim stated that recent U.S. actions related to virtual assets should be particularly noted. He said, "In the White House, where President Trump was inaugurated, there is a dedicated advisor for virtual assets and artificial intelligence (AI), known as the Crypto Czar. A deputy minister-level official is in charge of the industry, and the fact that a Crypto Summit led by the president is being held shows the industry's sincerity," he said.

He also mentioned that Trump's policy is creating rapid innovation in the industry, such as the adoption of Bitcoin as a strategic reserve asset. CEO Kim said, "Recently, President Trump signed an executive order adopting Bitcoin as a strategic reserve asset. Although he did not mention additional purchase plans that the market was expecting, the fact that a new asset, which has only been around for about 10 years, has become a strategic reserve asset of the U.S. is of great significance," he said.

He added, "The future economy is expected to move towards an infrastructure where borders are blurred and transactions can be made at any time. The U.S. is preempting the Bitcoin and stablecoin industries to seize this. Various countries and corporations, including China, are also entering the competition," he added.

He advised that Korea should also follow the global trend. CEO Kim emphasized, "Korea is showing a contrasting attitude to the U.S., which is actively promoting the virtual asset industry. Despite the U.S. government and global financial companies like BlackRock and JPMorgan continuing crypto innovation, domestic authorities are showing a very cautious attitude and ignoring it. Active discussions on major areas such as stablecoins are necessary," he emphasized.