South Korea Rejects Crypto Exchanges as Venture Firms, Taxes to Double

South Korea Rejects Crypto Exchanges as Venture Firms, Taxes
to Double

In a blow to the industry, the government of South Korea has stuck with its legislative proposal to exclude the cryptocurrency and blockchain industry from being certified as venture firms. First proposed by South Korea’s Ministry for Small and Medium Enterprises (SMEs) and Startups in August, the revision to the law called for Korea’s domestic … Continued

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