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South Korea Says It Has Not Considered an Education Tax on Crypto Exchanges

The Oct. 26 statement clarified the ministry's position on a possible levy for digital-asset exchanges.

A glass exchange model stands beside a closed tax ledger / TokenPost.ai (macro)
A glass exchange model stands beside a closed tax ledger / TokenPost.ai (macro)

South Korea’s Ministry of Finance and Economy said Oct. 26 that it had not considered applying an education tax to digital-asset exchanges, clarifying the government’s position on a potential levy.

The ministry’s Oct. 26 statement said the tax had not been considered.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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