🚨 South Korea's impending 20% tax on crypto gains has sparked concerns among the local crypto community. They fear this high rate could drive investors away and potentially damage the market. The tax, initially planned for 2021, is now set for 2025. Crypto exchanges predict a significant drop in trading volumes once the tax is enforced. 📉 The country is also implementing the Virtual Asset User Protection Act this month, further increasing scrutiny on traded coins. What are your thoughts on these new regulations? Let's discuss below! 👇