South Korea has been amidst a regulatory shake-up in the crypto sector. Meanwhile, the 1 January 2022 deadline for tax filings to include crypto earnings is soon approaching. It is a heated topic of debate considering the majority Democratic party wanted to push the legislation for 2023.
As per recent reports, K-pop band BTS has become a political “dynamite” in the tax debate.
Recently, lawmaker Noh Woong-rae has questioned if the tax law can incorporate upcoming NFTs by BTS, reflecting on the
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