๐ฐ๐ท South Korea could delay its 22% crypto tax until 2029 for the FOURTH time.
A new bill proposes postponing the tax from January 2027. If approved, a tax originally planned for 2022 will be delayed by SEVEN years.
โ ๏ธ The delay is under review. No final decision yet.
The difference between SOUTH KOREA ๐ฐ๐ท and NORTH KOREA ๐ฐ๐ต that you might not know:
๐ด SOUTH KOREA
โข Crypto users: Approximately 11.13M
โข Stock investors: Approximately 14.42M
โข Major crypto exchange: Upbit
โข Crypto tax: 22% on annual gains above โฉ2.5M, currently scheduled from Jan 1, 2027.
๐ต NORTH KOREA โ