Regulation· ★★★· neutral·

South Korean crypto exchanges seek detailed tax guidelines

  • —Korean exchanges are seeking detailed rules for calculating the crypto gains tax
  • —The industry points to uncertainty over the tax base and reporting requirements
  • —The request comes as the country prepares to introduce the crypto income tax
Why it matters: Clear rules will determine costs for Korean investors and exchanges before the crypto gains tax takes effect.
Source: Google News (crypto query)