South Korea has announced plans to implement a cryptocurrency tax starting January 2027, marking a significant regulatory development in the region. This move aims to bring more oversight and structure to the rapidly growing digital asset market. In other news, the Moscow Exchange (MOEX) has launched four new cryptocurrency indexes, reflecting the increasing institutional interest in digital assets. Meanwhile, Japan is set to introduce 24/7 blockchain-based government bond trading, enhancing the efficiency and accessibility of its financial markets. Additionally, Bithumb, a major South Korean crypto exchange, is expanding its operations into Vietnam, while BNY Mellon is broadening its crypto custody services in Abu Dhabi, signaling continued global expansion in the crypto sector.
South Korea to Implement Crypto Tax in 2027; MOEX and Japan Expand Blockchain Initiatives
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