Wednesday, November 20, 2024
Home > News > Bitcoin News > Major Party in South Korea Proposes to Defer Cryptocurrency Taxation

Major Party in South Korea Proposes to Defer Cryptocurrency Taxation

The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to two years as part of a general election pledge. The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from cryptocurrencies will be taxed at 22%. South Korea to Delay Cryptocurrency […]

Source