South Korea to meet crypto exchanges amid calls for tax delay
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South Korea’s finance officials are set to meet major crypto exchanges on Tuesday, after a lawmaker introduced legislation that could push the start of the country’s crypto tax back by two years. The discussion centers on a possible delay to the tax timetable rather than a finalized change.
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Crypto exchanges in South Korea are the most immediate audience for this development, because finance officials are set to meet them on Tuesday. Traders and market participants may notice the discussion as a fresh regulatory signal rather than a completed policy change.
What changes in practice is that the tax start date is being discussed as something that could move back by two years. What stays the same for now is that the tax has not been described as delayed yet, only that a meeting is planned and legislation has been introduced. (per cointelegraph.com)
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Cointelegraph
Crypto Briefing
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