Media outlets and lawmakers have been pouring scorn on the South Korean government’s much-maligned plans to introduce a tax on crypto trading from next year – with some suggesting that Seoul will have to back down from its plans.
As reported last week, the National Assembly will assess four separate private member’s bills that seek to delay or amend plans to levy 20% capital gains tax charges on crypto trading profits above an annual threshold of USD 2,100 as of January 1, 2022.... Read More: Odds Grow That South Korean Crypto Tax Will Be Postponed