Crypto

South Korea’s ruling party wants to delay its crypto tax again

Summary

South Korea's ruling party is pushing to postpone the implementation of a cryptocurrency tax for approximately two years. This proposed delay is intended to allow time for the establishment of comprehensive digital asset legislation and the finalization of international tax-sharing standards.

South Korea's ruling party wants to delay crypto tax by about two years, as it waits for global tax-sharing rules and new digital assets law.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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