South Korea's Crypto Tax Repeal Petition Stalls as Tax Service Prepares for Implementation
2026-07-15 05:37:53
A petition seeking to repeal South Korea's cryptocurrency tax, which garnered over 50,000 signatures, has stalled in the National Assembly. According to NS3.AI, the National Tax Service is moving forward with preparations, including forming a dedicated team and developing a transaction analysis system ahead of the planned tax implementation next year.
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