South Korea
Digital Asset
Jang Dong-hyuk: "The government's crypto taxation keeps flip-flopping, only increasing market uncertainty"
- Jang Dong-hyuk, leader of the People Power Party, spoke on November 4 at the "Good Morning Wednesday Policy Academy" hosted by the Yeouido Institute at the National Assembly Members' Office Building in Yeongdeungpo-gu, Seoul.
- He said that about a month earlier the government had rushed to issue a notice to proceed with crypto taxation as planned, but strong backlash from young people led the Democratic Party of Korea to push for another delay.
- Jang criticized the lack of coordination between the ruling party and the government on crypto tax policy, saying their flip-flopping is only increasing uncertainty in the market.