South Korean parties tentatively agree on digital asset taxation for 2029

South Korea's ruling and opposition parties have reached a tentative agreement to impose taxes on digital assets starting in 2029, marking a potential policy shift after repeated delays. The agreement is preliminary and subject to legislative approval, with details on rates and thresholds still unclear. This development signals a move toward regulatory clarity in South Korea's crypto market, which could influence investor sentiment and market dynamics.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works