South Korea proposes delaying crypto income tax, prioritizing Digital Asset Basic Act

- South Korea’s ruling party has officially proposed postponing the introduction of taxes on crypto income.
- The party leader stressed that the Digital Asset Basic Act should be enacted first, providing a comprehensive legal framework for crypto.
- The RSS source has not provided further details about the timing or specific provisions.
#BinanceSquare #CryptoNews #SouthKorea #CryptoTax #DigitalAssetBasicAct

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Source: The Block