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Coin Edition 2024-11-20 11:30:00

South Korean City Seizes and Sells Crypto for Unpaid Taxes

Paju City, in South Korea’s Gyeonggi Province, has announced its first-ever plan to sell cryptocurrencies held by local tax defaulters. This marks a significant step for local governments nationwide, highlighting the increased focus on using crypto assets to ensure tax compliance. ₩124M in Unpaid Crypto Taxes at Risk City officials revealed that 17 individuals with The post South Korean City Seizes and Sells Crypto for Unpaid Taxes appeared first on Coin Edition .