🇰🇷 Hot news from Korea: The ruling party proposes to postpone tax on profits from crypto trading until 2028! 📉
- This proposal aims to avoid negative impacts on the weakening crypto market.
- The tax is initially expected to apply from January 1, 2025, but can be postponed for another 3 years.
- Reason: Crypto is riskier than stocks, if taxes are imposed immediately, investors will leave the market.
- Before the election, the party promised to postpone taxes for 2 years to build a legal framework for crypto.
- If approved, the tax will be postponed nearly 7 years from the original 2021 plan.
What do you think about this decision? Comment below! 💬#CryptoNews#Bitcoin#Blockchain#Finance #Korea