Crypto News Today
Title : South Korea Government plans billing tax to cryto
The Ministry of Strategy and Finance is believed to be examining the virtual currency taxation scheme by forming a task force (TF) with the National Tax Service and private experts.
If the Ministry of Strategy and Finance defines the nature of virtual money as a commodity, it will be possible to impose VAT on existing laws.
"It is not the direction to ban virtual currency trading itself, but it is our priority to make virtual currency transactions transparent within the bounds of current law," said the head of the Office of State Coordination.
Title : South Korea Government 'virtual currency countermeasures' official dies
On December 18, the Economic Coordination Directorate of the State Planning and Coordination Department, who has been in charge of the 'virtual currency countermeasures' died.
On the last day of the Chinese New Year holidays, his family members found him who was not waking up and moved to the hospital, but he was already in cardiac arrest. The police are currently investigating the exact cause of his death.