Cryptocurrencies 14,993Exchanges 96Market cap $2.68T▲ 3.08%24h volume $309.16BDominance BTC 59.8% ETH 11.0%Kite Pulse 52 NeutralUpdated 4 minutes ago
Kryptokite
Macro1 source

South Korea’s Ruling Party Formally Seeks Crypto Tax Delay

Headline from The Defiant

Image: The Defiant

Key points

  • South Korea's ruling party has formally requested a delay in implementing the country's crypto tax.
  • Representative Kim Min-seok stated that a comprehensive digital-asset legal framework must be fully enacted before taxing investors.
  • While lawmakers are currently discussing a potential two-year postponement, the officially scheduled legal start date for the taxation policy currently remains Jan.

Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.

Sources

  • The DefiantSouth Korea’s Ruling Party Formally Seeks Crypto Tax Delay · 28 hours agoRead on The Defiant

Story timeline

Share

Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

What brings you here?

Sign in to Kryptokite

Sign in to build your watchlist, keep your streak and earn Kites.

No wallet is needed to start.