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Democratic Party of Korea

South Korea’s ruling party wants to postpone 20% digital asset tax to 2028
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19 July, 2024

South Korea’s ruling party wants to postpone 20% digital asset tax to 2028

Initially scheduled for 2021, the disputed 20% tax on annual digital currency gains could be postponed if the ruling People...
South Korea’s largest political party demands candidates declare their digital asset holdings
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19 November, 2023

South Korea’s largest political party demands candidates declare their digital asset holdings

The Democratic Party of South Korea says that holding digital assets isn’t illegal, but lying about it will lead to...
South Korea unregulated digital currency forex transfers hit record high at $677M
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15 October, 2021

South Korea unregulated digital currency forex transfers hit record high at $677M

In the first eight months of the year, South Korea saw forex transfers via digital currencies hit a record high...
South Korea ruling party united in push for digital currency tax delay
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30 September, 2021

South Korea ruling party united in push for digital currency tax delay

The Democratic Party of Korea has reached a consensus to push for a delay in the implementation of the 20%...
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