South Korea to Debut Crypto Management System in 2025 Ahead of Crypto Gain Tax Implementation

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South Korea to Debut Crypto Management System in 2025 Ahead of Crypto Gain Tax Implementation
South Korea is gearing up to launch its crypto management system in 2025, just in time for the implementation of the country’s crypto gains tax in January of the same year. The country’s National Tax Service (NTS), which oversees the system’s development, aims to have it fully operational to ensure compliance with the new tax regulations.
South Korea Taps GTIC to Develop Crypto Management System
The system, known as the digital asset integrated management system, will be instrumental in tracking user information on exchanges and other crypto trading platforms. This will enable authorities to analyze and manage data related to crypto transactions, helping to prevent tax evasion in the digital asset space.
According to reports, the upcoming crypto management infrastructure follows earlier regulations that require digital asset service providers to report detailed t

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