Finance

KakaoPay Securities starts stock trading on KakaoBank app

KakaoPay Securities is expanding access points for its stock trading service through a partnership with KakaoBank. The company said it opened a “Stock Home” in the investment tab of the KakaoBank app from Sept. 4 and began offering stock trading services. Users can trade domestic and overseas stocks, exchange-traded funds and exchange-traded notes. They can check stock information and place buy or sell orders without moving to the KakaoPay app or a separate securities app.

Crypto

Digital asset taxation four months away, calls to redesign blanket other-income classification

With digital asset taxation set to begin next year, a proposal has emerged to revise the current system that classifies both transfer and lending income as other income. Speakers at a National Assembly forum said income categories should reflect the economic substance of different transaction types, including trading, mining and staking. They also called for stronger enforcement infrastructure, including linking transaction data across domestic and overseas exchanges and personal wallets.