South Korea just punted crypto tax AGAIN—now pushed to 2029. That's the 4th delay since 2020. Was supposed to kick in this January.
The reason? Officials literally cited "young people's shot at building wealth."
Rare W from a government. They actually get it—crypto is one of the few asymmetric bets left for retail to escape the hamster wheel.
Meanwhile most countries are taxing the life out of gains. Korea playing the long game here.
The reason? Officials literally cited "young people's shot at building wealth."
Rare W from a government. They actually get it—crypto is one of the few asymmetric bets left for retail to escape the hamster wheel.
Meanwhile most countries are taxing the life out of gains. Korea playing the long game here.