The South Korean parliament has delayed making a decision on crypto asset taxation, citing the need to prioritize other agenda items. The ruling party has sought to delay implementation, while the opposition argues that further delays could harm the credibility of fiscal policy. South Korea is a major player in the global cryptocurrency market, with over 6 million active traders, and has recently intensified regulatory measures on cryptocurrency, including giving exchanges the power to freeze transactions and seize digital assets for unpaid taxes.



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