Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.
According to a report on Aug 22 by Yongap, a local news agency, the authorities of the city have set plans in motion to clamp down on virtual asset holders in centralized exchanges who have not filed taxes….
Read More: New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion