According to Digitalasset, news from the office of Kim Sang-hoon, a member of South Korea's People Power Party, reveals that the Korean National Tax Service plans to introduce a digital asset tracking program to analyze personal wallets and asset transfers on overseas exchanges, aiming to close tax loopholes. The National Tax Service stated that income generated from transferring or lending digital assets held in personal wallets and overseas exchanges still falls within the taxable range. South Korea's digital asset income tax will be implemented in 2027, while the UAE is expected to exchange 2027 transaction information after implementing CARF in 2028. https://(wublock123.com)/news/korea-ntc-to-introduce-digital-asset-tracking-personal-wallet-taxation-67495