![]() The BTS fandom is often referred to as ARMY by the community. And, if reports are to be believed, Army Coin and Bitget exchange tried to benefit from the band’s fandom. ![]() So, like any other day on the internet, BTS is making headlines. “When no one can tax a single penny, who will follow the government’s policy if it wants to tax only other virtual assets?” ![]() Recently, lawmaker Noh Woong-rae has questioned if the tax law can incorporate upcoming NFTs by BTS, reflecting on the existing loopholes in the structure. Tax DynamiteĪs per recent reports, K-pop band BTS has become a political “dynamite” in the tax debate. It is a heated topic of debate considering the majority Democratic party wanted to push the legislation for 2023. ![]() Meanwhile, the 1 January 2022 deadline for tax filings to include crypto earnings is soon approaching. South Korea has been amidst a regulatory shake-up in the crypto sector. ![]()
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