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S Korea To Discriminate Crypto Traders Against Stock Traders With A New Tax


The South Korean government has unveiled its crypto tax proposals – with traders who earn over USD 2,100 a year set to pay 20% tax on their earnings. This limit is considerably lower for stock market traders, who do not need to pay tax on earnings (also 20%) of up to USD 42,000 from investments...

South Korea Vows to Pump USD 111m into Blockchain R&D over Five Years


South Korea has pledged to inject USD 111 million into the development of blockchain technology, with central government-sponsored research flowing until at least 2025. The move is the brainchild of the nation’s Ministry of Science and ICT, which has worked jointly on the initiative with...

South Korea OKs Blockchain Certificate Use in Public, Private Sectors


The South Korean government will allow the use of blockchain-powered public certificates beginning in December this year. Per Hanguk Ilbo and UPI News, Seoul says that it will make amendments to the nation’s existing Electronic Signatures Law that will allow for citizens and companies to make...

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