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South Korea Poised to Grant Legal Status, Tax Incentives to Crypto Firms

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South Korean Crypto Tax

South Korea is on the verge of a pivotal policy shift that could significantly bolster its burgeoning cryptocurrency industry. A new government proposal aims to grant legal status and substantial tax incentives to crypto firms by recognizing them as “venture companies.” This move would dismantle existing barriers that have historically prevented digital asset businesses from …

The post South Korea Poised to Grant Legal Status, Tax Incentives to Crypto Firms appeared first on Cryptoknowmics-Crypto News and Media Platform.

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