South Korea is set to impose a 20% to 25% tax on digital assets, according to Harry Kim, CBO of Kintsugi Technologies. Speaking at the Finternet 2025 Asia Digital Finance Summit, Kim highlighted the need for a clear tax and regulatory framework for digital assets in South Korea. This move contrasts with Hong Kong, where such transactions currently face no taxes. The establishment of a comprehensive framework is crucial for the Korea Exchange (KRX) to expand its operations in the digital asset market.
South Korea to Impose 20%-25% Tax on Digital Assets
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