Korea’s Tax Agency to Withhold $70M From Crypto Exchange Bithumb
South Korea’s National Tax Service (NTS) will withhold tax worth 80.3 billion won, or $70 million, from the country’s largest crypto exchange Bithumb. CoinDesk Korea reported on Sunday that Vidente, the largest shareholder of Bithumb Holdings, which runs Bithumb Korea, confirmed the withheld amount in a notice and said the tax will be …
News story posted on 2019-12-30T11:59:00.0000000Z
