Crypto Firms in South Korea Could Soon Benefit from Government Subsidies and Tax Breaks

South Korea’s Ministry of SMEs and Startups has proposed a significant revision to existing legislation that could reshape the nation’s crypto sector. The proposal seeks to allow crypto firms to register as venture companies. This would enable them to access government subsidies, tax incentives, and financial support.   This move signals a broader shift toward fostering innovation in the digital asset sector under the administration of pro-crypto President Lee Jae-Myung source: https://beincrypto.com/south-korea-crypto-venture-business/