🇰🇷 Breaking news from South Korea: Cryptocurrency tax postponed until 2027! ⏳💸
The National Assembly of South Korea has officially approved the postponement of the cryptocurrency tax until 2027. 📅
As previously announced, South Korea plans to impose a 20% tax on income from cryptocurrency (with an additional 22% local tax). This plan was originally scheduled to take effect on January 1, 2022, but due to strong opposition, the decision has been postponed twice and will now take effect on January 1, 2025. 🚫💰
However, with the tax being postponed once again, cryptocurrency investors in South Korea will have more time to prepare. 🕒
