Posts from the 'Quoted' Category

DEX 파생상품 시장, 2025년 3.48조 달러 전망–“규제가 이동 촉진”

DEX 파생상품 시장, 2025년 3.48조 달러 전망–“규제가 이동 촉진”
[블록미디어 최창환 기자]탈중앙화 암호화폐 거래소(DEX)들의 2025년 퍄생상품 총 거래량은 3조 4800억 달러에 이를 것으로 예상된다고 코인텔레그래프가 28일(현지시간) 보도했다.

dYdX의 “2024 연간 생태계 보고서”에 따르면, DEX 파생상품 거래량은 24년 전년 대비 132% 증가해 1조 5000억 달러에 도달했다. 2024년 1월에는 810억 달러였던 거래량이 12월에는 2420억 달러로 급증했다. 이와 같은 성장세가 유지된다면, 2025년까지 총 거래량은 3조 4800억 달러에 이를 것으로 예상된다.

DEX는 파생상품뿐만 아니라 현물 거래에서도 점유율을 확대하고 있다. 보고서는 DEX 현물 시장 점유율이 9%에서 20%로 두 배 이상 증가했다고 밝혔다.

DEX 거래량–dydx. 코인텔레그래프

DEX 인기 요인: 저비용과 유동성
DEX 거래량의 급증은 암호화폐 강세장의 영향을 받은 것이지만, △저렴한 수수료 △더 많은 투기성 자산 접근성이 주요 요인으로 꼽힌다.

특히 솔라나(SOL) 기반 DEX 거래량은 밈코인 열풍으로 인해 폭발적으로 증가했다. 2024년 1월 초, 솔라나 기반 DEX의 일일 거래량은 이더리움(ETH)과 베이스(Base)의 거래량을 합친 것을 초과했다.

미국 규제가 DEX로의 이동을 촉진할 가능성
미국 국세청(IRS)의 디지털 자산 거래 보고 규정은 단기적으로 더 많은 트레이더를 DEX로 유도할 수 있다는 전망이 나온다.

2024년부터 중앙화 거래소와 중개업체는 암호화폐 거래를 보고해야 한다. 이는 2027년부터 DEX에도 적용될 예정이다.

IRS는 해당 규정이 투자자들이 세금 신고를 정확히 하는 데 도움이 된다고 주장하지만, 일부 업계 관계자들은 이를 과도한 규제로 보고 있다.

정부 블록체인 전문가 앤디 리안(Anndy Lian)은 “이 규정으로 인해 유니스왑(Uniswap)이나 팬케이크스왑(PancakeSwap) 같은 탈중앙화 플랫폼으로 사용자가 이동할 위험이 크다”고 말했다.

블록체인 분석 기술과 규제 발전이 2027년 이후 DEX의 세금 집행 가능성을 높일 수 있지만, 현재로서는 DEX가 세금 규정을 피할 수 있는 대안으로 부상하고 있다.

한편, 블록체인 협회(Blockchain Association)는 IRS의 규정을 두고 행정 절차법 위반이라며 지난해 12월 소송을 제기했다. 협회는 IRS가 법적 권한을 초과했다고 주장하고 있다.

탈중앙화 거래소의 급성장은 시장 참여자들에게 새로운 기회를 제공하는 동시에 규제 당국과의 갈등을 예고하고 있다. 2025년 DEX 시장의 성장은 암호화폐 산업의 방향성을 보여줄 중요한 지표가 될 전망이다.

 

Source: https://www.blockmedia.co.kr/archives/850161

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

DEX derivatives market forecast to reach $3.48T in 2025: dYdX

DEX derivatives market forecast to reach $3.48T in 2025: dYdX

Derivatives trading on decentralized exchanges (DEXs) is forecast to more than double this year as more investors opt for cheaper and more liquid alternatives to centralized platforms.

According to the dYdX “Annual Ecosystem Report 2024,” DEX derivatives volumes grew 132% last year to reach a record $1.5 trillion. Perpetual DEX volumes were valued at $81 billion in January before skyrocketing to $242 billion by December.

Assuming the same growth rate, dYdX expects total DEX volumes to reach $3.48 trillion in 2025.

DEXs have also become a popular venue for spot trading, more than doubling their spot market share from 9% to 20%, the report said.

While surging DEX volumes are a reflection of the crypto bull market, these platforms also attract users due to their low transaction fees and greater access to more speculative assets.

For example, DEX trading volumes on Solana have skyrocketed due to the memecoin frenzy. In early January, daily trading volumes on Solana-based DEXs exceeded Ethereum and Base combined.

US reporting requirements could push more users toward DEXs in the short term

Despite the inauguration of the pro-crypto Trump administration, certain reporting requirements affecting centralized exchanges in the United States may compel more traders to opt for DEXs.

Beginning this year, the US Internal Revenue Service will require centralized exchanges and other brokers to report digital asset transactions. The reporting rules will expand to DEXs in 2027.

While the IRS said this rule should help investors “file accurate tax returns” on their crypto, some industry participants view it as an overreach.

There’s a “real risk of pushing users toward decentralized platforms like Uniswap or PancakeSwap,” government blockchain expert Anndy Lian told Cointelegraph.

“While decentralized systems currently pose challenges for tax enforcement, advancements in blockchain analytics and potential regulatory developments by 2027 could change this landscape,” said Lian.

The IRS’ reporting rules have faced heavy opposition from the crypto industry, with the Blockchain Association suing the tax agency in December. According to the lawsuit, the IRS has overstepped its statutory authority and has violated the Administrative Procedure Act.

 

Source: https://cointelegraph.com/news/dex-derivatives-market-forecast-double-2025-dydx

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Hong Kong SFC Grants First Crypto Licenses Of 2025

Hong Kong SFC Grants First Crypto Licenses Of 2025

Hong Kong’s Securities and Futures Commission (SFC) granted the first operational licenses of 2025 to two cryptocurrency trading platforms. Since beginning its licensing initiative in mid-2024, the regulator has issued a total of seven crypto licenses.

On January 27, the SFC granted operational licenses to two cryptocurrency exchanges based in Hong Kong, PantherTrade and YAX. Public records maintained by the Hong Kong government indicate that both entities were registered under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

Utah House committee passes bill for state to buy crypto

A bill has been passed by the Utah House committee that would allow the state to invest a portion of public funds into crypto, with the measure now heading to the House for a vote.

On Jan 28, the Utah House Economic Development Committee passed HB 230, the Blockchain and Digital Innovation Amendments, by an 8-1 vote.

Jordan Teuscher, Utah Representative proposed the bill on Jan. 21. It would give the state’s treasurer authority to allocate up to 5% of certain public funds to buy “qualifying digital assets,” such as those with a market capitalization over $500 billion or approved stablecoins.

The updated second substitute of the initial bill, containing provisions for crypto mining zoning restrictions, was revised on January 28.

The bill will now proceed to the full House, where it must receive majority approval there and in the Senate before being presented to the governor for signing or vetoing.

Arizona Senate moves forward with Bitcoin reserve legislation

Arizona legislators have moved forward with a bill to establish a Bitcoin strategic reserve, aiming to use the leading cryptocurrency as a savings tool for the state.

The Strategic Bitcoin Reserve Act (SB1025), co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger, was passed by the Arizona State Senate Finance Committee with a five to two vote on Jan. 27.

The bill is set to proceed to the Senate Rules Committee for its final debate and potential amendments. If approved by the Senate, it will then be forwarded to the House of Representatives.

The proposed bill suggests establishing a strategic Bitcoin reserve managed by the US Treasury to store government Bitcoin holdings. This reserve would also permit other public funds to securely store their digital assets in a separate account within the strategic Bitcoin reserve.

The proposed bill permits up to 10% of a government entity’s or public fund’s capital to be invested in Bitcoin BTC$102,461 and other digital assets. It also allows pension funds to allocate resources to Bitcoin, which could boost public interest in cryptocurrencies.

According to Anndy Lian, author and intergovernmental blockchain expert, this decision to include Bitcoin in its financial strategy could lead to a domino effect among other states.

 

Source: https://www.outlookmoney.com/cryptocurrency/hong-kong-sfc-grants-first-crypto-licenses-of-2025

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j