South Korean Minister of Finance: Mastery of the details of the cryptocurrency market has been taxed and adjusted as a financial asset.

According to Yonhap News, Strategy and Finance Minister Hong Nam-ki said on the 8th that if the exchange of bank account information is completed, it can be taxed and accounted for, that is, an asset financial. Hong Nam-ki said the cryptocurrency exchange business is worth more than 500 trillion won, but he was not aware of his earnings until now, so he could not pay. taxes. If you report the details of the swap by swap, you can understand the income status, so the tax information included in the change in law is bridged. He decided to report it as other income and tax for him next year. The cryptocurrency defined by international accounting standards is based on our income law and therefore is taxed on other sources of income.