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Crypto Tax Proposed to Be Delayed to 2029, South Korea's Ruling Party to Meet with Five Major Exchanges on Friday

  • South Korea's ruling Democratic Party is proposing to delay enforcement of the crypto asset income tax until 2029.
  • Party representatives are scheduled to meet with the five major domestic crypto exchanges this Friday to discuss the delay.
  • The discussion is expected to address industry concerns and implementation details ahead of a final decision on the tax timeline.

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