Exchanges Protest as Korea Removes Crypto Businesses from Tax Reduction Bill

Jeju Governor Pushing To Create A Blockchain Hub City On His Island

Local crypto exchanges and blockchain-related non-profit associations have started to formally protest against the government of South Korea for its controversial decision to remove cryptocurrency businesses from its tax reduction bill. Why Are Crypto Businesses Eliminated from the Bill? Earlier this month, the government of South Korea released a proposal entitled “Venture Enterprise Bill,” a piece of regulatory framework intended…

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Source: BTC Manager