🇰🇷 Breaking News: South Korea's Crypto Tax Plan Rescheduled! 🚨
South Korea's ruling party is set to finally impose a 20% tax on #crypto gains starting January 2025, after multiple delays due to investor pushback. Originally slated for 2022, the tax was deferred twice, reflecting concerns over its impact on the burgeoning crypto market.
Despite being a tax-free haven for crypto, the introduction of this #tax aims to regulate the market while still offering a higher exemption limit. 🎉