South Korea’s ministry of strategy and finance is reportedly planning to announce a cryptocurrency taxation framework by June’s end this year. The government is expected to begin taxation in 2019.
In the aftermath of the recently concluded Finance Ministers’ meeting at this year’s G20 summit, South Korea is planning to unveil its cryptocurrency tax plan alongside the G20’s own plan to field recommendations for regulating the crypto sector by July 2018.
Full article: https://www.ccn.com/south-korea-plans-to-announce-cryptocurrency-tax-plan-by-june-2018/
Even the worst case clarity is better than uncertainty. Sooner the regulation will be completed and introduced the better and not worse as many may thinkg. Buy the gossip, sell the facts, or in this case sell the gossip (fear) and buy the facts.
Great news,,thank you