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If the proposed digital asset bill classifies crypto CEX as financial institutions, the South Korean government may consider imposing an education tax under the rules applicable to financial institutions.
The South Korean financial chief said that virtual asset taxation requires full consideration of multiple factors and that the digital asset bill has entered the final negotiation stage.
South Korean Financial Services Commission Chair Lee Eok-won said that the virtual asset taxation planned for implementation next year still requires comprehensive consideration of opinions from all parties. The digital asset-related bill has entered the final negotiation stage, and the government is continuing procedures according to the timetable for implementation next year January.