Korea's cryptocurrency tax postponed again!🇰🇷

South Korea's largest opposition party, the Democratic Party of Korea, announced that the implementation of the cryptocurrency capital gains tax will be postponed until 2027. This decision stems from proposals by the government and the ruling party, the People Power Party, which originally planned for the tax policy to take effect in 2022 but has been delayed multiple times. The ruling party believes that rapid taxation could lead to a loss of investors and suggests further postponing it until 2028.

What do you think? Is this delay a boon or a concern for the market? Feel free to share your thoughts in the comments!