A Democratic Party official from South Korea's Financial Committee stated that the digital asset tax should be implemented on schedule
By: www.chaincatcher.com|2026/05/19 20:45:03
0
Share
Prefer us on Google
According to Digital Asset, Jeong Tae-ho, a Democratic Party official from the National Assembly's Finance and Economy Planning Committee in South Korea, stated that the taxation of digital assets "has already been postponed and should be implemented as planned," and mentioned that internal party discussions will begin once the tax reform proposal is submitted to the committee.
This statement marks a significant shift from his more reserved stance a month ago. The South Korean government has also officially confirmed that it will impose taxes on the transfer and rental income of digital assets starting January 1, 2027. Several hardline lawmakers within the Democratic Party have recently voiced their support for advancing the timeline as scheduled.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
TotalEnergies Invests in Two Oil Pipelines Bypassing Hormuz
TotalEnergies has decided to invest in two oil transport routes that do not pass through the Strait of Hormuz, aiming to bypass a key bottleneck for Middle Eastern oil heading to Asia.
Goldman Sachs Acquires NEOS for $2.3 Billion
Shift in AI Investment Sentiment: Transitioning to Cash Flow Validation
AI investment sentiment is shifting from a phase rewarding capital expenditure expansion to one scrutinizing cash flow consumption.
CleanCore raises 100 million dollars, dilutes shares to fund AI shift after Dogecoin sale
CleanCore’s $100 million stock offering lifted outstanding shares 121.9% to 502.1 million; warrants could push the total above 1 billion.
Institutional Funds Shift from AI Small Caps to Defensive Stocks
The market trend of indiscriminately buying AI semiconductors and tech stocks is weakening. After a significant reassessment of the AI supply chain in the first half of the year, institutional funds are moving out of small AI stocks and into finance and...
Dim Sum Bond Issuance Increases by 46%, Dependence on Dollar Bonds Decreases
As the cost of procuring US dollars rises, the issuance of bonds denominated in Chinese yuan and Hong Kong dollars is rapidly increasing. Issuers are looking to reduce their dependence on dollar bonds and find relatively lower-cost funding currencies.
Increase in Reserves by 10 Trillion Won, Surplus in Short-Term Funds Expected on the 24th
On the 24th, the domestic short-term money market is expected to see reserves turn into a surplus due to inflows from fiscal measures and early redemption of government bonds. The total increase in reserves is estimated at 10 trillion won, while the decrease factors...
Peter Thiel's Fund Bets on AI Power Needs with 418.7 Million USD Holdings
Canada Calls Trade Dispute with U.S. an Economic War
Carney stated on Saturday that the trade conflict with the U.S. has escalated into an economic war • Trump imposed a 50% tariff on Canadian products worth $20 billion • Canada plans to retaliate dollar for dollar, with the plan expected to take effect on September 8.
Corporate Clients Opt for Cheaper Models Instead of Claude Fable 5
Grayscale Suggests Potential Bottom After 50% Bitcoin Correction
Bitcoin (BTC) has shown a smaller correction compared to previous bear markets, and Grayscale has suggested that this week's rebound could be interpreted as a signal of a price cycle transition.
Algorand's Euro Stablecoin Market Cap Increases by $840,800
The market capitalization of Algorand's (ALGO) Euro stablecoin increased by $840,800 (approximately 1.2 billion KRW) over the past week. This follows the implementation of the European Union's virtual asset regulatory framework, MiCA.
Jane Street Loses $15 Billion in July Due to AI Fund Collapse
USDC Card Recharge Amount Reaches $218 Million in July, Up 46%
The cryptocurrency card recharge amount for USD Coin (USDC) reached $218 million in July, an increase of 46% compared to the previous month, surpassing Tether's recharge amount of $95 million.
Iranian Military Leadership Reshuffled, Transitioning to Offensive Doctrine
South Korean Stock Market Sees Semiconductor Pullback, Non-Semiconductor Sector Undergoes Valuation Recovery
Crypto money laundering cases increase 152-fold in first half
Ondo Finance Faces Governance Void, Legal Challenges to Decisions
Ondo Finance, the second largest in tokenized RWA, faces a governance void: the succession of the founder legally challenges the legitimacy of the current CEO.
Coinbase's Base app to shift focus under new leader Cobie
Ukrainian Factories Halt Sunflower Purchases Due to Export Blockade
Zuckerberg: Every Business Will Have Its Own AI System in the Future
Ondo Finance Hires CFO from Blockchain.com
Ondo Finance (ONDO) has hired a financial executive from Blockchain.com as its Chief Financial Officer (CFO) to strengthen its finance and risk management systems in line with the expansion of tokenized stocks and on-chain capital market operations.
30 Million Won Threshold Takes Effect, South Korean Retail Investors Shift from Leveraged ETFs to Directly Buying US Stocks
HYPE ETFs see $29.8 million outflows over 12 days
HYPE ETFs posted $29.8M in net outflows over 12 sessions, while cumulative reported flows stayed near $283M, Farside data shows.
Morgan Stanley Lowers Circle Target Price to $38
American Arbitration Association Establishes Panel for Web3 Disputes
⚡ The American Arbitration Association has established an expert panel for Web3 disputes.
🧩 The new structure focuses on smart contract, blockchain, and digital asset disputes.
🏛️ The process will consider on-chain evidence and cross-border claims.
🔗 This step has emerged in the Web3 space for ri...
Hungary May Shut Down Paks Nuclear Power Plant Due to Low Water Levels in the Danube
Microsoft Considers Launching Open Weight AI Models
Russian Attacks Leave Five Regions Without Power, Critical Situation in Sumy Region
Commerzbank: Weakening Dollar Reflects Repricing of Rate Hike Path
TotalEnergies Invests in Two Oil Pipelines Bypassing Hormuz
TotalEnergies has decided to invest in two oil transport routes that do not pass through the Strait of Hormuz, aiming to bypass a key bottleneck for Middle Eastern oil heading to Asia.
Goldman Sachs Acquires NEOS for $2.3 Billion
Shift in AI Investment Sentiment: Transitioning to Cash Flow Validation
AI investment sentiment is shifting from a phase rewarding capital expenditure expansion to one scrutinizing cash flow consumption.
CleanCore raises 100 million dollars, dilutes shares to fund AI shift after Dogecoin sale
CleanCore’s $100 million stock offering lifted outstanding shares 121.9% to 502.1 million; warrants could push the total above 1 billion.
Institutional Funds Shift from AI Small Caps to Defensive Stocks
The market trend of indiscriminately buying AI semiconductors and tech stocks is weakening. After a significant reassessment of the AI supply chain in the first half of the year, institutional funds are moving out of small AI stocks and into finance and...
Dim Sum Bond Issuance Increases by 46%, Dependence on Dollar Bonds Decreases
As the cost of procuring US dollars rises, the issuance of bonds denominated in Chinese yuan and Hong Kong dollars is rapidly increasing. Issuers are looking to reduce their dependence on dollar bonds and find relatively lower-cost funding currencies.
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
