DPK News

A South Korean lawmaker has proposed an amendment to better protect users of virtual assets in the country. Kim Hyun-jung, a member of the Democratic Party of Korea (DPK), therefore proposed a change to the Virtual Asset User Protection Act. It aims...

South Korea’s Democratic Party of Korea (DPK) is moving to abolish the capital gains tax on financial investments, with a decision expected during the National Assembly’s final regular session on December 10. The proposal is part of a larger effort...

Recent political developments in the US pushed crypto market to unprecedent levels with Bitcoin recently reaching an all-time-high of $99K. However, the developing political chaos in South Korea is reversing some of these gains.The country plunged...

South Korea reaffirmed its plan to tax virtual currency gains starting January 1, 2025, after a series of delays that pushed back the policy from its original 2022 launch date. Jin Seong-jun, Chairman of the Policy Committee for the Democratic Party...

South Korea’s ruling Democratic Party of Korea (DPK) plans to proceed with the implementation of a cryptocurrency gains tax from January 2025, following delays due to resistance from investors and industry stakeholders. The Seoul Shinmun reported...

In South Korea, a significant development is brewing as the opposition Democratic Party of Korea (DPK) proposes raising the crypto tax exemption to 50 million won (approximately $35,900). The move can help bring additional capital in the local...

South Korea’s April 10 legislative elections could reshape its political and crypto landscape. President Yoon’s PPP and the DPK vie for control amid rising crypto policy influence in politics. Over 6.27 million crypto users’ voting behavior might...

Kim Nam-kuk, the South Korean politician from the Democratic Party of Korea (DPK), faces an investigation for shady crypto trading. The post South Korean Politician Under Fire For Suspicious Crypto Trading appeared first on BeInCrypto.