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South Korea to Tax Tokenized Stocks as Securities by Late 2026
The South Korean Ministry of Economy and Finance has officially clarified the regulatory status of tokenized stocks, designating them as securities rather than virtual assets. This reclassification paves the way for the…
South Korea to Implement Virtual Asset Tax on January 1, 2025
The South Korean government has officially confirmed its intention to proceed with the taxation of digital assets starting January 1, 2025. During a recent emergency discussion meeting, Moon Kyung-ho, the head of the in…
South Korea Confirms Preparations for Virtual Asset Tax in 2027
The South Korean National Tax Service (NTS) has officially initiated administrative preparations to implement a taxation framework for virtual assets starting January 1, 2027. During a briefing held on April 29, 2026, P…
China to Boost "Bank-Tax Interaction" via Blockchain Technology
The State Administration of Taxation (STA) and the National Administration of Financial Regulation (NAFR) of China have jointly issued a new directive aimed at deepening the "Bank-Tax Interaction" framework. According t…
South Korea Tax Agency to Hire Professional Crypto Custodians
The South Korean National Tax Service (NTS) has announced plans to transition the management of confiscated digital currencies to professional private custody providers. This strategic shift, scheduled to be implemented…
South Korea to Launch AI-Powered Crypto Tracking System by 2025
The National Tax Service (NTS) of South Korea has officially initiated a tender for the development of a "Virtual Asset Comprehensive Analysis System," a sophisticated platform designed to monitor and analyze digital as…