Yoo Dong-soo says the government's proposed Digital Asset Basic Act will be released soon, amid concerns about delays.
Yoo Dong-soo says digital asset basic act proposal due soon despite delay concerns
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The story so far: South Korea crypto tax debate
South Korea has been debating a delay to cryptocurrency income taxation, with the government formally seeking a two-year delay to the digital asset income tax due to start in 2027 at 22%. The government now plans to delay crypto taxation to 2029 and let investors carry losses forward through 2032, pending parliament…
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Yoo Dong-soo says digital asset basic act proposal due soon despite delay concerns
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