Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

South Korean authorities are discussing the idea of ​​abolishing the cryptocurrency tax

Regulation: South Korean authorities are discussing the idea of ​​abolishing the cryptocurrency tax

According to a representative from the Ministry of Economy and Finance of South Korea, the government is currently exploring the possibility of eliminating the tax imposed on crypto-assets.

Local media reports suggest that the authorities are also contemplating the removal of taxes on financial investments in gold, stocks, and funds. The primary objective behind this decision is to foster the accumulation of wealth and facilitate better financial planning for the citizens.

Furthermore, the legislative body intends to initiate discussions on the inclusion of income generated from #crypto-assets in the list of recognized financial investments. This move aims to ensure that crypto-assets are treated on par with other traditional investment instruments.

It is important to note that the new tax regime for cryptocurrencies in South Korea is scheduled to come into effect on January 1, 2025. As per the previous bill, individuals earning more than 2.5 million won ($1,865) from crypto-assets would be subject to a 22% tax.

In addition to these developments, #South Korea is also planning to impose sanctions on cryptomixers. Cryptomixers are tools that enable users to obfuscate the origin and purpose of their cryptocurrency #transactions by mixing their funds with those of other users.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Bitcoin: Pakistan launches strategic bitcoin reserve and dedicates 2,000 MW to mining
On May 28, 2025, at the Bitcoin 2025 conference in Las Vegas, Pakistan announced the creation of a strategic bitcoin reserve, a major step in the development of a national cryptocurrency..
Mining: Mining pools face increasing mining difficulty
Bitcoin's mining difficulty rose 3.7% in 24 hours, making mining more difficult and highlighting the need for energy efficient solutions in the industry.
Bitcoin: Bitcoin-ETFs in the US show significant inflows of funds
U.S. bitcoin-ETFs raised 25,500 BTC in a week, indicating high investor interest.
Press Releases: Biconomy.com on the Global Stage: Building the Future of Blockchain Through Real-World Presence
In a digital world driven by blockchain innovation, Biconomy.com is showing that real-world presence matters more than ever. From Paris to Dubai, Tokyo to Toronto, Biconomy’s global roadshow..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more