South Korea’s ruling People Power Party is proposing another delay in the implementation of cryptocurrency investment gains taxation, now potentially extending the start date to 2027.
The move is part of the party’s campaign strategy for the forthcoming general election in April. The party has emphasized the need for a basic regulatory framework for cryptocurrencies as a priority over taxation. This includes plans to introduce new regulations for the crypto industry, focusing on crypto custody providers and token listing requirements.
These proposed regulations aim to complement South…
