Re: SOUTH KOREA NOT BANNING CRYPTO NOW - but want 24.2 percent tax?
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
I do think it's good news. It is better than banning it, and by imposing tax on profits made on cryptocurrency - the country is accepting cryptocurrency. But 24 per cent tax, is far too high. 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
The UK and EU are also looking to regulate Bitcoin and other cryptocurrencies to fight anti-money laundering and tax evasion. I believe that we will see that in the next month or two. And I expect to see more of the same in many other countries. https://www.theguardian.com/technology/2017/dec/04/bitcoin-uk-eu-plan-cryptocurrency-price-traders-anonymity
Of course it is good news bro and if every government in the world would regulate bitcoin or other crypto currencies the price of this digital assets will somehow be more stable. I know there are still ups and downs even if it's regulate but it's a one step closer to the world acceptance of this digital currencies just what I have said before in this thread. And thanks for the link I'll read it later after finishing some tasks.
