Tag: south korea crypto tax

Jul 21 2022

Just In: After Terra LUNA Crash S. Korea Delays Crypto Tax

Jul 21 2022 Published at Coingape under tags  news south korea crypto tax terra (luna)

The South Korean government announced a big measure for the virtual asset industry. The authority declared that the taxation of cryptocurrency will be postponed for two years. New Taxation to imply in 2025 As per the report, this step has been taken into consideration in the current situation of the global crypto market. However, it...

Dec 02 2021

South Korea: Crypto VC Giant Raises $200M After Postponement of Crypto Taxation

After consistent efforts at crypto crackdown, South Korea appears to be gravitating towards a pro-crypto approach. The South Korean Crypto-focused Venture Capital firm, Hashed recently announced the launch of its $200 million fund, Hashed Venture Fund II, to invest in web3 oriented startups, which will incorporate metaverse, blockchain gaming, NFTs, and DeFi concentrated companies. South The post South Korea: Crypto VC Giant Raises...

Nov 30 2021

Oct 11 2021

South Korea: Opposition’s Bill against Crypto Tax aims to delay the implementation

Oct 11 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

After internal disputes regarding the controversial crypto taxation law in South Korea, now the opposition has also hopped on the anti-crypto tax wagon with its exclusive bill. The People Power Party has drafted a proposal to tone down capital gain taxes on cryptocurrencies and will reportedly submit the bill by tomorrow itself. The bill proposes The post South Korea: Opposition’s Bill against Crypto...

Oct 06 2021

South Korea: Authorities reinstate imposition of Crypto Tax from 2022

Oct 06 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

Deputy Prime Minister and Minister of Strategy and Finance, Hong Nam-ki have reinstated that the South Korean law for taxing income from virtual asset businesses will be implemented as scheduled, i.e., 2022 onwards. The authorities asserted that no further delay will be accommodated in lieu of maintaining legal and financial stability. While former announcements saw The post South Korea: Authorities reinstate imposition of...

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