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Lee Hyeong-il Expresses Regret Over Fourth Delay to Crypto Tax

Lee Hyeong-il Expresses Regret Over Fourth Delay to Crypto Tax

Summary

  • The government said it will delay cryptocurrency taxation for another two years beyond its planned launch next year.
  • Deputy Prime Minister Lee Hyeong-il said he “takes it seriously and expresses regret” over an additional delay after three previous postponements.
  • The government said it decided on the delay after considering fairness issues between investors moving to overseas exchanges and domestic investors, as well as the enactment of the Framework Act on Digital Assets.

Forecast…

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