South Korea Rolls Out the Red Carpet for Crypto Startups; And the Tax Man

South Korea’s government is moving to formalize its crypto economy with a classic “carrot and stick” strategy. Regulators are officially lifting a 2018 ban that blocked crypto startups from receiving venture status; the “carrot” to fuel domestic innovation. At the same time, they are tightening tax rules on crypto income, the “stick” to ensure every […] The post South Korea Rolls Out the Red Carpet for Crypto Startups; And the Tax Man appeared first on Coin Edition.