South Korea Crypto Tax Suspension: Good News for Investors

Recently, the South Korean government announced a two-year suspension of cryptocurrency taxation. This decision is like a spring breeze, resolving tensions between the ruling People's Power Party (PPP) and the opposition Kurdish Democratic Party. This means that the virtual asset tax system may not take effect until 2027, which is undoubtedly good news worth celebrating for the majority of cryptocurrency investors.

This tax has been postponed three times since 2021, showing the government’s support and emphasis on the crypto market. South Korea ranks among the top cryptocurrency adoption rates in East Asia, with a total value of $130 billion in cryptocurrencies received and trading volumes continuing to rise, creating a favorable environment for investors.

While there are still other tax issues to be resolved, such as changes to estate and gift taxes, this postponement of the crypto tax highlights the government’s determination to protect investor confidence.

In this market background, Marvin is like a shining star, with a market value of more than 15 million US dollars, showing amazing growth potential! As the Dogecoin of Musk’s concept, Marvin not only shines in the digital asset world, but is also committed to creating a warm blockchain world.

The Marvin community not only pursues economic returns, but also hopes to use blockchain technology to promote social change. The recently launched dividend mechanism NFT allows each holder to enjoy surprise dividends every week and support charitable projects. Every transaction is not only financial growth, but also a warm feedback to society.

Let us follow Marvin together and witness how this humane community creates real influence in the crypto world and welcomes the infinite possibilities of the future!

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