🇰🇷 SOUTH KOREA WANTS TO DELAY CRYPTO TAX! 👀
South Korea’s ruling party is pushing to postpone the planned 22% crypto tax, originally scheduled for January 1, 2027.
Key Details:
● 22% tax on annual crypto gains above 2.5 million KRW.
● Lawmakers want stronger crypto regulations first.
● Better systems are needed to track domestic and overseas transactions.
● 2029 is reportedly being discussed as a possible new date.
Important : The delay is NOT yet law. Parliament must approve changes to the Income Tax Act.
Could this be bullish news for South Korea’s crypto market?
What do you think ?
#crypto #SouthKorea #bitcoin #BinanceSquare
South Korea’s ruling party is pushing to postpone the planned 22% crypto tax, originally scheduled for January 1, 2027.
Key Details:
● 22% tax on annual crypto gains above 2.5 million KRW.
● Lawmakers want stronger crypto regulations first.
● Better systems are needed to track domestic and overseas transactions.
● 2029 is reportedly being discussed as a possible new date.
Important : The delay is NOT yet law. Parliament must approve changes to the Income Tax Act.
Could this be bullish news for South Korea’s crypto market?
What do you think ?
#crypto #SouthKorea #bitcoin #BinanceSquare
