South Koreas government has reportedly imposed a tax on the domestic
Cryptocurrency exchanges.
To be specific, they will be subject to a 24.2% tax (22% coporate and 2.2% local income taxes). According to Yonhap News Agency, the government is also requiring exchanges to share the transaction data with banks.
Tom Lee, a strategy analyst, reckoned there would be a dramatic drop in Bitcoin price down to $8,000-9,000, followed by a sharp increase to above
$20,000 by the end of 2018.
This year is anticipated to be a rough, yet successful year to wise investors in this market.
RothscoinTeam.
The exchange in South Korea exactly after such a tax will die, this and commission will also grow. Thus, all the profits received will be reduced by a third, whether it is profitable to make an exchange then or better leave it in your wallet and then exchange it through trusted people to their wallet and receive money in their hands.