South Korea's crypto law is almost here.
The FSC confirmed the Digital Asset Basic Act is in its final stage — exchange licensing and stablecoin issuer rules could be drafted by end of October.
The catch: a 22% crypto tax on gains above ~$1,700 is set for Jan 1, 2027 — already delayed three times, and lawmakers are debating a fourth delay.
Huge moment for one of the world's biggest $BTC markets.
Will Seoul deliver clarity, or kick the can again?
#Bitcoin #SouthKorea #CryptoRegulation #CryptoNews #cryptotax
$BTC
The FSC confirmed the Digital Asset Basic Act is in its final stage — exchange licensing and stablecoin issuer rules could be drafted by end of October.
The catch: a 22% crypto tax on gains above ~$1,700 is set for Jan 1, 2027 — already delayed three times, and lawmakers are debating a fourth delay.
Huge moment for one of the world's biggest $BTC markets.
Will Seoul deliver clarity, or kick the can again?
#Bitcoin #SouthKorea #CryptoRegulation #CryptoNews #cryptotax
$BTC