South Korea's ruling party proposes delaying crypto tax implementation from 2025 to 2028.
South Korea's ruling party, People's Power Party, proposes delaying the country's crypto tax implementation from Jan 1, 2025, to Jan 1, 2028. The proposal cites current sentiment towards crypto assets as deteriorating and suggests spending two years developing a system to oversee transactions, as none are currently mandated for crypto. If approved, the tax implementation will be postponed until 2028.
July 15, 2024
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