[WDAF 2026] Lawmakers call for clearer crypto rules, tax reforms

South Korea needs clearer rules for companies looking to expand their digital asset businesses, and for investors facing a tax on crypto gains, lawmakers said Monday at the World Digital Assets Forum in Seoul. Rep. Min Byoung-dug of the Democratic Party of Korea said the Digital Asset Basic Act he proposed would give financial institutions and digital asset firms a base in Korea from which to expand across Asia. Gaps in Korean law already prevent domestic firms from offering services their overs