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#Crypto tax delay

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South Korea to Meet Crypto Exchanges Amid Growing Calls for Tax Delay
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South Korea to Meet Crypto Exchanges Amid Growing Calls for Tax Delay

Key Highlights: Senior South Korean finance and regulatory officials will convene with major domestic cryptocurrency exchanges on Tuesday to consult on crypto taxation. Representatives from leading exchanges including Upbit, Bithumb, Coinone, DigitalX, and Gopax, alongside executives from the Digital Asset Exchange Alliance (DAXA), are attending the meeting. The high-level discussions occur amid intensifying calls to ...

Illinois Agrees to Six-Month Delay in Crypto Tax as Industry Court Battle Continues
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Illinois Agrees to Six-Month Delay in Crypto Tax as Industry Court Battle Continues

Key Highlights: Illinois may delay its 0.2% crypto tax for six months, potentially pushing back its January 1 start date. The Digital Chamber and Illinois Blockchain Association negotiated the delay with Illinois officials. The agreement still requires approval from a Sangamon County circuit court judge. Illinois Crypto Tax Could Be Delayed by Six Months Illinois ...