Full Text: “Virtual Asset Accounting Treatment Has Changed... The Tax System Must Also Change”
• Kim Gap-soon of Dongguk University said digital asset accounting rules have changed and should be reflected in taxation.
• He noted that accounting treatment now differs depending on whether a company directly issues the digital asset or holds it for customers.
• He also said accounting rules vary based on transaction structure, including simple trades versus cases tied to separate contractual relationships.
#SouthKorea
🗞 Source
by Asia Stablecoin Alliance & Four Pillars
September 3, 2026 28
