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According to Korean media News1, the Financial Supervisory Service (FSS) of South Korea released its 2025 annual work plan on February 10, announcing that it will introduce self-regulatory norms for crypto asset information disclosure this year. The move is aimed at minimizing the regulatory gap while the second phase of legislation has not yet been completed. The Financial Supervisory Service said that in addition to formulating self-regulatory norms for information disclosure, it will also int...
According to News1, Kim Byung-hwan, chairperson of the South Korean Financial Commission, said on allowing legal persons to invest in virtual assets: "The content of the legal person account was omitted from the press release issued by the Virtual Asset Commission (meeting) last week. So there is speculation whether it will not be advanced, but it is not the case. Since the committee has discussed the relevant content before, we will determine the position and announce it as soon as possible." H...
On November 12, according to News1, Noh Jong-myun, a spokesperson for the Democratic Party of Korea, expressed his opposition to the proposal by the government and the ruling party to delay the implementation of the capital gains tax on virtual assets for two years. This stance stands in sharp contrast to recent reports that suggest that it is increasingly possible to delay the implementation of the crypto tax until 2027.
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