South Korea's plans to introduce a tax on cryptocurrency gains have encountered another delay, with the potential implementation date pushed back to as late as 2028. The government is set to announce the final decision and estimated date later this month.
Read MoreIn a surprising turn of events, South Korean lawmakers are reportedly considering the abolishment of the country's nascent cryptocurrency tax law. The tax, initially slated to come into effect in 2025, has been a point of contention within the nation's crypto community and political sphere.
Read MoreThe Chinese government, through the Panshi City Public Security Bureau in Jilin Province, has cracked down on illicit cryptocurrency banking activities, as reported by local media.
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