According to South Korea’s amended income tax law, cryptocurrency investors will pay 20 percent tax on profits from digital currencies. As cryptocurrencies continue to pick up steam and encompass the …
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South Korea to finally set a hard date for the dawn of crypto taxation
South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made from both …
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Korea’s central bank publishes book on central bank digital currency’s legal issues
South Korea’s central bank has issued a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital …
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