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South Korea’s leading blockchain facing greater competition in NFT market -Breaking

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South Korea’s nonfungible token (NFTAlthough the ) industry has experienced rapid expansion throughout 2021, primarily due to Kakao’s growth of NFT services and crypto-based currency, competitors are also entering the market.

Following the Nov. 5, government decision, South Korea’s NFT market could see even greater expansion. NFT Purchases will not attract taxes.