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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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South Korea Postpones Proposed 20% Crypto Tax until 2025

South Korean lawmakers have once again postponed the implementation of the crypto tax law until 2025.

by Godfrey Benjamin
Jul 22, 2022

CRYPTOCURRENCY

South Korea Postpones Proposed 20% Crypto Tax until 2025

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