🚨⚡️ SHOCKING MOVE: South Korea Confirms Crypto Taxation for 2025 – Are You Prepared? ⚡️🚨

Breaking News: South Korea’s ruling party has confirmed the long-delayed cryptocurrency tax will officially take effect on January 1, 2025, despite earlier postponements due to intense backlash. This decision is set to SHAKE UP the crypto landscape in the country.

Here’s what’s causing the ALARM:

Heavy Taxation Incoming: A 20% tax on cryptocurrency profits and an additional 2% local tax will hit gains above the new exemption limit.Revised Exemptions: The government plans to raise the tax-free threshold from 2.5 million KRW ($1,795) to a whopping 50 million KRW ($35,919), offering relief to smaller investors.Industry Impact: With this looming deadline, South Korea’s crypto community faces a DO-OR-DIE SCENARIO as investors scramble to assess the potential fallout.

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