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South Korean regulators have announced a comprehensive plan to strengthen oversight of the digital asset market, focusing specifically on cross-border transactions. The government intends to impose a 22% capital gains tax on cryptocurrencies, with the policy set to take effect in January 2027. Authorities are also tightening scrutiny on firms moving crypto assets overseas to curb illicit capital outflows. These measures aim to formalize the taxation framework for the crypto market and ensure strict financial compliance. The new restrictions are expected to increase regulatory pressure on both local exchanges and institutional investors. This move reflects Seoul's strategic intent to balance digital innovation with the protection of the national financial system.
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