Korean Blockchain Experts Seek Government’s Help For Digital Asset Market

📣 #Korean Blockchain Experts Seek Government’s Help For #DigitalAsset Market

👉 #SouthKorea’s crypto market grew to become a $45.9 Billion industry in 2021.

👉 On Thursday, the Korean Digital Asset Industry Committee meeting discussed crypto tax, #DeFi markets, #NFTs, and the metaverse. The meeting was set to discuss ways that could help Korea become the leading digital asset market in the world.

👉 The regulators of the country are quite bullish on metaverse; they have announced a $187-million #investment in the national metaverse project.

👉 South Korea’s crypto regulations are seen as some of the toughest, with proposed laws like a 20% tax on crypto gains and disallowing exchanges to process any anonymous transaction.

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