Agreement on Virtual Asset Taxation 2-Year Grace Period News Causes 'Upbit'

Korea Economic Daily

Summary

It was reported that stakeholders related to virtual asset taxation 2-year grace period news saw a surge.
The government party and the Democratic Party announced that they agreed on a virtual asset tax grace period.
This was reported as a decision made from the judgment that additional system maintenance is necessary.

The government party and the Democratic Party have agreed on a 2-year grace period for virtual asset (cryptocurrency) taxation, causing a stir among domestic virtual asset stakeholders.

As of 9:18 AM on the 2nd, the current trading price on the Upbit market is 5,800 won, up 14.85% from the previous day's closing price. This company, a subsidiary of Diandicom, is the general distributor of Ezrock in Korea and is classified as a related stock.

Com2uS Holdings (5.83%), FSN (5.44%), Our Technology Investment (5.01%), Tisaiuntipic (4.81%), and Galaxy Ammonitri (4.35%) are also gaining strength.

Com2uS Holdings, along with its parent company Com2uS Plus, is one of the three major exchanges in Korea and holds a 38.4% stake in Coinone. Our Technology Investment holds a stake in Dunamu, while Tisaiuntipic owns a stake in Bithumb, another virtual asset exchange. Galaxy Ammonitri is engaged in electronic payment services linked to Bitcoin.

On the 1st, Democratic Party representative Park Chan-dae stated, "The result of the deep discussions on the virtual asset tax grace period is that additional system maintenance is necessary," and agreed to a 2-year grace period for virtual asset taxation.

Reporter Shin Min-kyung, Hankyung.com radio@hankyung.com