South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Rega...

South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Rega...

South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are disappointed by how parties are handling the issue, one of them has taken a step forward by talking about the forthcoming crypto tax. The Democratic Party’s Expectations on Cryptocurrencies According to Dailian, South Korea’s Democratic Party members suggested that delaying the crypto taxation policy set to go live in 2022 should not be entirely discarded. The party, which is the ruling one in the country, believes....


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South Korean Government Announces Crackdown on Illicit Crypto-Related Transac...

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Production of $2.7 Million-per-Episode: South Korean Crypto-Related TV Drama ...

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South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New G...

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South Korean Crypto Transactions Command an Average of $7 Billion per Day on ...

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South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Mi...

Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, including several others totaling up to 65% of the exchange’s outstanding shares. ● The Tokyo Stock Exchange-listed video gaming giant has since signed a memorandum of understanding (MoU) with the sellers to facilitate the transaction. The MoU was signed at the beginning....