South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Summary
South Korean authorities are considering postponing the implementation of the cryptocurrency profits tax for a fourth time. Officials worry that local exchange users would face an unfair financial burden because the United States will not share trading data until 2029.
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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