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Crypto Regulation

South Korea Finance Ministry Seeks Two-Year Delay of 22% Crypto Gains Tax

South Korean Finance Minister Lee Hyoung-il said Seoul will push for a two-year postponement of the 22% tax on cryptocurrency gains, paired with a three-year loss carryforward. The move comes a day after the ruling Democratic Party called for a delay. The proposal would hold off the crypto tax until 2029.

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