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South Korean Presidential Candidate: Delay Crypto Tax Until 2023


Source: Adobe/Андрей Яланский As South Korea’s general elections draw ever nearer, the nation’s provincial governors appear to have grown bolder – and are looking to strengthen their political positions by taking on Seoul over its crypto policy. While last week it was the turn of the Governor...

Bitcoin to Be Worth Millions by 2023, ETH Above USD 2K by 2022 - Kraken CEO


Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx The CEO of major crypto exchange Kraken, Jesse Powell, predicted that the price of bitcoin (BTC) could be in the millions by the end of 2022, while by the end of 2021, ethereum (ETH) will rise above USD 2,000. That said, his...

Crypto.com Aiming to Hit 100 million User Target by 2023 as CRO Surges


Kris Marszalek, Co-founder and CEO of Crypto.com. Source: A video screenshot, Youtube/ DELTA Summit The masterminds of the Crypto.com app said that their platform is experiencing “accelerated growth,” and is now expecting to reach the 100 million user mark by 2023, a milestone that it claims is...

South Korean Government to Start Taxing Crypto Trading Profits in 2022


The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...

S Korean Industry Group Asks Seoul to Suspend Crypto Taxes until 2023


Source: Adobe/Андрей Яланский The Korea Blockchain Association (KBA) has urged the South Korean government to postpone plans to start imposing tax on crypto trading profits from October 2021 – stating that it seems unlikely that the required infrastructure will be in place in time. Per ZDNet Korea...

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