PANews|Oct 29, 2026 05:32
[South Korea's ruling Democratic Party to meet with five major cryptocurrency exchanges on Friday to discuss whether to postpone cryptocurrency tax policy] According to The Block, citing local media reports, South Korea's ruling Democratic Party will meet with representatives of the country's five major cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—on Friday to discuss whether to postpone the cryptocurrency tax, originally scheduled to take effect in January 2027. The party has proposed a bill to postpone its implementation until 2029, citing insufficient infrastructure and difficulties in obtaining transaction data.
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