South Korea Exempts Self-Custodied Crypto From Overseas Tax Reporting

Tax authorities in South Korea have excluded crypto assets stored in non-custodial and decentralized wallets from overseas financial account reporting, according to Korean crypto news outlet Digital Asset. The update from the authorities gives clarity on the recently introduced financial account reporting for crypto assets. Notably, the much-needed clarification means assets held in... source: https://coinedition.com/south-korea-exempts-self-custodied-crypto-from-overseas-tax-reporting/