Korea proposes incentives for local exchanges ahead of crypto tax

• —Korea's digital asset tax takes effect on January 1, 2027, after three delays
• —20% rate on income above 2.5 million won a year, or 22% with the local tax
• —NABO proposes incentives for trading on local exchanges, following Japan's example
• —CARF: Korea will start data exchanges in 2027, while the U.S. only from 2029