South Korea's new presidential chief of staff backs crypto tax
- —Lim Kwang-hyun is a former National Tax Service chief and lawmaker
- —He has consistently advocated for implementing the crypto tax
- —South Korea's crypto tax is set to take effect in 2027
- —The digital asset industry is lobbying to delay the tax
Why it matters: The appointment raises the odds the crypto tax launches on schedule in South Korea, pressuring local traders and exchanges.
Source: Blockmedia
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