South Korea
Digital Asset
PPP Rep. Park Soo-young: 'Crypto net inflows cut in half — taxation should be deferred by two years'
- Rep. Park Soo-young (PPP) argues crypto taxation should be postponed by two years, citing a sharp drop in exchange inflows.
- Jan–Aug net inflows at five won-market exchanges fell 56.8% year-on-year, from 4.74 trillion won to 2.05 trillion won.
- Won deposit balances at these exchanges dropped 32.3%, from 7.69 trillion won in January to 5.2 trillion won in August.