🇰🇷 Congratulations to Korean “Oppas” on getting a 2-year reprieve from crypto taxes—let’s head to Seoul for kimchi, everyone!
South Korea’s ruling and opposition parties have just reached a provisional agreement to delay the taxation of virtual asset income by another 2 years. This is a huge psychological boost for the “Kimchi” market, helping retain its massive pool of retail funds and avoid a year-end wave of tax-avoidance sell-offs. 🥬
What should traders do? Don’t rush into blind FOMO longs or shorts, but keep an eye on funds from Korean exchanges as they’re about to heat up again, especially in altcoins popular in the land of kimchi!
This is not financial advice.
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