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South Korea’s blockchain lobby calls for suspension of crypto-tax plans

As per the Special Reporting Act, income tax laws will be applicable to cryptocurrency ownership in South Korea, as of October 2021. However, the...

All eyes on $67.1 million Bithumb tax dispute

Market participants and industry watchers are paying attention to whether the Tax Tribunal will find for Bithumb in a suit it filed to nullify...

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SK Telecom backs government blockchain push

The country’s Ministry of Public Administration and Security granted approval for the solution last week. Integrated with the government-backed digital certification initiative Government24, it...