South Korea To Confiscate Crypto Cold Wallets If Taxes Aren’t Paid

South Korea’s tax agency has warned that officers may visit homes to seize offline cryptocurrency holdings — including so-called “cold wallets” — if owners fail to settle unpaid tax bills. Related ...

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South Korea To Confiscate Crypto Cold Wallets If Taxes Aren’t Paid

Source: Bitcoinist.com

South Korea’s tax agency has warned that officers may visit homes to seize offline cryptocurrency holdings — including so-called “cold wallets” — if owners fail to settle unpaid tax bills. Related Reading: ‘Rugged’ By Gold? Economist Thinks Bitcoin’s Glory Days May Be Numbered According to reports, the National Tax Service (NTS) made the comments in […]