Former South Korean lawmaker Kim Nam-guk is on trial for allegedly hiding crypto assets. Prosecutors are seeking a 6-month prison sentence for failing to declare 9.9 billion won worth of crypto. 💼 This has fueled the country's crypto taxation debate. The new tax policy, which will come into effect in 2025, is designed to affect fewer investors. 📊 South Korea's crypto market is drawing attention with record trading volumes.