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BTCLIVE BTC price on Oct 22, 2026 at 7am EDT $81,900 or above1.05×95% $82,000 or above10.0x10%
South Korea Needs Incentives for Domestic Crypto Exchanges Ahead of January Tax Rollout, Report Says
South Korea should create policy incentives to encourage investors to use domestic exchanges ahead of the introduction of taxes on virtual-asset income in January, while also building an automated tax calculation and filing system linked to those platforms, according to a report.
Add preferred source South Korea’s major securities firms have moved aggressively this year to acquire stakes in cryptocurrency exchanges, positioning themselves for the blockchain-based transformation of traditional financial assets including stocks and bonds. Mirae Asset Consulting secured management control of Korbit with a 97.15% stake, while Korea Investment & Securities acquired approximately 20% of Coinone.…