Regulation1 source
South Korea’s ruling party formally proposes deferral of crypto income tax
Headline from The Block
Key points
- South Korea's ruling political party has officially submitted a proposal to delay the implementation of the country's planned cryptocurrency income tax.
- The party leader emphasized that local regulators must first establish the Digital Asset Basic Act, which will serve as a comprehensive legal framework for digital assets before any new crypto tax rules take effect.
Summarized automatically by Kryptokite from reporting by The Block. Read the original sources for full detail.
Sources
- The BlockSouth Korea’s ruling party formally proposes deferral of crypto income tax · 4 hours agoRead on The Block
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