Foreign users also have to pay taxes, the Korean Internal Revenue Service requires Bithumb to pay an additional $ 68.9 million

The Korean crypto exchange market has had its worst year and is even getting worse. The National Tax Service of Korea (NTS) has just asked Bithumb, South Korea's second largest cryptocurrency trading platform, to pay an additional $ 68.9 million in taxes. According to local media reports yesterday, the regulator required Bithumb to pay additional taxes, mainly to cover the funds withdrawal services it handles for foreign users.

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