South Korea's right-wing political party has proposed delaying the taxation of cryptocurrency earnings for three years. If this law is passed, the country's taxation on crypto earnings will be shifted from 2025 to 2028.

In the draft law on the website of the South Korean National Assembly, it is stated that “In the current situation, the sentiment of crypto investors is negative; Therefore, if the country imposes income tax on assets with higher risks, many investors are expected to leave the market.” The bill was proposed last Friday.

The 20% tax on crypto earnings was originally planned to go into effect on January 1, 2022, but due to reactions from investors and industry experts, this date was postponed twice and most recently extended to January 1, 2025.

South Korea's right-wing People Power Party, to which current President Yoon Suk-yeol belongs, promised to postpone the crypto profits tax in the last general election.

According to local news sources, the country's Ministry of Economy and Finance stated that it has not yet made a decision on additional crypto tax-related delays. The ministry plans to announce new changes in the tax law at the end of this month.

South Korea is home to one of the largest and most active cryptocurrency markets in the world. According to the Financial Services Commission, approximately 6.5 million citizens (12.5% ​​of the country's population) were using crypto at the end of last year. According to Kaiko data, the most preferred fiat currency for crypto trading in the first quarter of 2024 was the Korean won, surpassing the US dollar.

PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.

My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.

THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.

Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who will benefit?

Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.

I EXPLAIN IN DETAIL.

My brothers and sisters who have become a Binance member without reference, please listen carefully;

When you do what I say, you will receive 10 USDT.

Enter the Futures Section from your application,

On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,

My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.

The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.

However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.

Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.

WHEN WILL THE AWARD COME?

Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.

You can help your friends in need by sharing this post.

BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.