South Korea to Hold Talks With Crypto Exchanges as Tax Delay Calls Grow
Photo: TheCoinrise
Officials plan to meet digital asset platforms after industry groups pushed back against the looming crypto income tax. South Korean authorities plan to convene a meeting with domestic cryptocurrency exchanges, according to reports from Cointelegraph and CryptoBriefing. The gathering follows fresh calls from industry figures to postpone a tax on crypto-related income that has already been delayed multiple times. South Korea has debated how to tax cryptocurrency gains for years. Lawmakers first proposed a levy on profits from digital asset trading as part of broader efforts to bring the sector under formal financial oversight.
Source: TheCoinrise
