Korean crypto exchange operators seek clearer tax rules
Shares of crypto exchange operators Dunamu and Bithumb fell to yearly lows as trading weakened and tax uncertainty grew.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Crypto exchange firms in South Korea want more precise tax rules spelled out. Shares of Dunamu and Bithumb fell to the year's lowest points as trading activity weakened. Weak trading has also cut into earnings, while uncertainty over taxes continues.
Why it matters
Weak trading is hurting the operators' earnings, and tax uncertainty adds to their difficulties.
Coverage
- Dunamu, Bithumb shares hit yearly lows amid trading slump, tax uncertainty (The Korea Times)
- Cryptocurrency exchange operators call for detailed taxation guidelines (Yonhap)
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