According to my bag VN. Stage 1: just need to allow digital assets to be legal. Encourage banks and services to be able to trade USDT is nice. USDT and coins from abroad are flooding into Vietnam investors which is 😅
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Sơn Tùng MTP
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Today, Tùng just read from 5p crypto and saw that everything is experience from South Korea ??? Prohibition of futures trading, only taxing spot sell orders, Investors still have the obligation to declare and pay income tax from activities on DEX. Specifically, from 2027, profits exceeding 50 million won per year will be taxed 20% on the difference, for decentralized exchanges (DEX), South Korea still allows small transactions under 1 million won (about 750 USD), provided that investors must fully declare taxes when withdrawing money.😭😭😭😭
Large transactions carried out via VPN are at high risk of detection through data matching from the banking system. Other activities: Futures, airdrop, staking, farming can be considered as “other income” with personal income tax rates from 5-35%, depending on the income you earn from that activity😨😨😨😨😨😨😨😨😨😨vcl
???? These are experiences from South Korea but sound quite ridiculous because our country is still poor and has a tax rate of 0.1%, although it's small, but a few days later, if there is a credit center leak, it will make Vietnamese people even more scared, rest assured that in the future, Vietnam will be smooth and definitely there won't be a 0.1% tax, it's a scam 😁
Tùng has seen the future will be as follows
1 : Vietnam launches an exchange - no one uses it - bans other exchanges - hires KOLs - advertising - mandatory use
2: Vietnam launches an exchange - there are users - high taxes - completely manages assets
3: Vietnam launches an exchange - exchanges like Binance, OKX, Bybit are licensed - fees deducted directly from buying and selling - some functions are limited
4: Vietnam launches an exchange - like China
Previously, Tùng had a conversation with a Chinese person who said that in theory it is blocked but not necessarily completely
$BTC $ETH #BNBBreaksATH
Large transactions carried out via VPN are at high risk of detection through data matching from the banking system. Other activities: Futures, airdrop, staking, farming can be considered as “other income” with personal income tax rates from 5-35%, depending on the income you earn from that activity😨😨😨😨😨😨😨😨😨😨vcl
???? These are experiences from South Korea but sound quite ridiculous because our country is still poor and has a tax rate of 0.1%, although it's small, but a few days later, if there is a credit center leak, it will make Vietnamese people even more scared, rest assured that in the future, Vietnam will be smooth and definitely there won't be a 0.1% tax, it's a scam 😁
Tùng has seen the future will be as follows
1 : Vietnam launches an exchange - no one uses it - bans other exchanges - hires KOLs - advertising - mandatory use
2: Vietnam launches an exchange - there are users - high taxes - completely manages assets
3: Vietnam launches an exchange - exchanges like Binance, OKX, Bybit are licensed - fees deducted directly from buying and selling - some functions are limited
4: Vietnam launches an exchange - like China
Previously, Tùng had a conversation with a Chinese person who said that in theory it is blocked but not necessarily completely
$BTC $ETH #BNBBreaksATH
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