Crypto Firms in South Korea Set to Finally Gain Legal Status, Tax Incentives

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Story Highlights* South Korea plans to allow crypto firms to register as venture companies and access tax breaks and government funding.

  • The proposed law removes crypto businesses from the restricted list, boosting legitimacy and industry growth.
  • The move aligns with President Leeโ€™s broader pro-crypto agenda, including support for ETFs and stablecoins.
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