🚨 🇰🇷 South Korea has postponed the implementation of its cryptocurrency gains tax to 2028, marking another delay from its initial 2021 schedule. The decision comes amid economic instability and concerns over the lack of a robust tax infrastructure. The tax, which proposes a 20% levy on crypto gains exceeding approximately $1,900 annually, was first set to be enacted in October 2021 but has faced multiple postponements. The government cites the need for a mature market, clear legal systems for cryptocurrencies, and investor protection measures as reasons for the delay.
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