| | | | |

South Korea’s ruling party considers three-year grace period for crypto taxes

A local news publication in South Korea recently reported that the current government is considering delaying the implementation of the cryptocurrency tax for another three years. So, instead of January 2025, the Korean government will stop taxing cryptographic capital gains until January 2028. Cryptocurrency Tax Relief Will Likely Be Provided to South Korean Investors Cryptocurrency…

| |

South Korea Crypto Premiums Return, Bitcoin Trades Nearly $1,300 Above World Average

Recent data reveals that the crypto economy has seen notable growth in the last month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won represented 3.53%. of all bitcoin (BTC) transactions in the previous 24 hours. Bitcoin price rises $1,300 above…