According to ChainCatcher, South Korean Deputy Prime Minister Choi Sang-moo said that the government does not have a negative attitude towards cryptocurrencies. As the regulations are still in their infancy, the decision to postpone the introduction of crypto taxes has been made.
Choi Sang-moo said that South Korea will be ready to respond and take measures after the new US government takes office. South Korea's central bank and financial regulators are formulating new cryptocurrency regulatory policies, focusing on customer protection and the legal nature of encryption.