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South Korea to Meet Five Major Crypto Exchange CEOs on Oct. 20, Hear Views on Tax Delay

South Korea to Meet Five Major Crypto Exchange CEOs on Oct. 20, Hear Views on Tax Delay

  • The South Korean government will hold a meeting with the heads of the five largest exchanges ahead of the January launch of virtual-asset taxation to review tax-preparation status and industry requests.
  • The industry is calling for a delay in implementation because tax standards and related infrastructure have not been fully established, making the timing of the tax rollout a key issue.
  • The government is preparing follow-up procedures for a January launch and is working to announce detailed rules on virtual-asset taxation around November.

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Photo: ChatGPT
Photo: ChatGPT

The South Korean government will meet with the heads of the country’s five major cryptocurrency exchanges ahead…

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