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Breaking; South Korea Set to Postpone Controversial Crypto Taxation to 2023

source-logo  coingape.com 30 November 2021 10:50, UTC

South Korea has pushed back its controversial tax on crypto gains by one year. The National Assembly of South Korea passed a bill on Tuesday to push back the implementation of crypto taxation to January 2023. The bill once cleared by the plenary session would impose a 20% tax on crypto gains of more than 2.5 million ($2,253) annually.

coingape.com