South Korea May Begin Taxing Tokenized Stocks This Year

The post South Korea May Begin Taxing Tokenized Stocks This Year appeared first on Coinpedia Fintech News

South Korea’s tax authorities said tokenized stocks could be taxed as early as the second half of this year if the Financial Services Commission (FSC) formally classifies them as securities in July. The Ministry of Economy and Finance said tokenized stocks are viewed as securities under the Capital Markets Act, making them subject to existing …