South Korea Cracks Down on Tax Evasion: $47M in Cryptocurrency Seized
In a historic crackdown on tax evasion, South Korean authorities have confiscated over 53 billion Korean won ($47 million) worth of cryptocurrency. This.
In a historic crackdown on tax evasion, South Korean authorities have confiscated over 53 billion Korean won ($47 million) worth of cryptocurrency. This.
OKEx Korea declared that it's ceasing its operations in South Korea as authorities plan to implement a new regulatory framework for the crypto.
The South Korean government postpones the implementation of the crypto tax laws to January 2022 on 30th November.