South Korea Advances Plans to Tax Crypto Staking and Lending at 22%

South Korea is advancing plans for a 22% tax framework covering crypto staking and lending income, while airdrops and hard forks would be taxed only upon sale. The National Tax Service (NTS) has completed research on the scope and calculation methods for taxing virtual assets, providing greater clarity as pressure around crypto taxation intensifies. Meanwhile, […] Read The Full Article South Korea Advances Plans to Tax Crypto Staking and Lending at 22% On Coin Edition.