Quote from: babyshaun on January 23, 2018, 03:05:02 AM

Quote from: cryptohunter on January 23, 2018, 02:07:24 AM

any truth to this?

seems okay or at least better than a ban?

Sounds like good news??

https://cointelegraph.com/news/s-korea-to-tax-crypto-exchanges-242-percent-in-line-with-existing-tax-policy

it hurts for korean crypto 24% tax this is a double tax than the original tax fee. This tax is only for local currency in its area. But it's a bad idea that other local exchanger may also be following a 24% tax tax evasion of a local exchanger this is my opinion only. We should notice that the local exchanger pays tax for the government not the crypto users.
Earned by Korean korean users will only be taxed at 24% tax i think based in the principal amount.
the korean crypto users no longer have to accept it rather than bitcoin banning.

24% is really hurt for many of people here, may be not for a big whale because they can be backed by their own money here. The problem here is for people that want to try their luck into crypto which they invest everything but in the end they will pay some 24% tax? This will be ridiculous, unless they can keep on getting profit, may be it is better but traders not always profit everytime. Btw is this even true for 24% tax and is it already fix?