South Korea orders residents to report overseas crypto even if exchange fails

🚨 South Korea confirms that residents must declare overseas crypto even if the exchange is bankrupt. 📉 Accounts at failed foreign platforms are still subject to the country’s annual reporting rules. 💡 Residents reported 10.5 trillion won in overseas digital assets in the 2026 cycle for $BTC and other coins. 🗓️ A 22% tax on crypto gains in South Korea will begin in January 2027. Continue Reading:South Korea orders residents to report overseas crypto even if exchange fails The post South Korea orders residents to report overseas crypto even if exchange fails appeared first on COINTURK NEWS.