6 May 2026

South Korea will not tax NFT gains even as it moves to tax crypto income

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South Korean crypto exchange volumes surpass those of its entire stock market

The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium.’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday.

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