Lee Kang-il says the government will submit its Digital Asset Basic Act in November and will push for it to be passed in December.
Lee Kang-il says government will submit Digital Asset Basic Act in November
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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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Lee Kang-il says government will submit Digital Asset Basic Act in November
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