K-SignalAI-generated
Korea's crypto tax faces 4th delay amid low approval ratings
South Korea's tax on cryptocurrency gains, scheduled to take effect in January, could face a fourth postponement as the government turns cautious amid mounting calls for a delay from investors, the industry and lawmakers, the Korea Times reports. The planned levy is due to begin on Jan. 1, according to a Yonhap editorial. Separately, the Bank of Korea is pushing for a plan requiring monthly reporting of domestic virtual asset balances for users with a history of overseas virtual asset transfers, sparking controversy, Business Korea reports.


















