Latest news on Blockchain & Regulation — Week 49
2 min readDec 2, 2020
South Korea: New tax regime delayed
The new tax regime that was supposed to come into effect in 2021 was finally postponed until 2022. The new regime plans a 20% tax on capital gains starting at $2,260. This extension was largely granted due to the work of the Korea Blockchain Association, formed by crypto companies of the country.
