Post
Topic
Board Bitcoin Discussion
Re: South Korea Opens Doors for Cryptocurrency
by
bubble pop
on 30/07/2018, 12:35:38 UTC
Before this time, almost Korean investors really worried about new tax policy for cryptocurrency.
That's why all news said the government will apply 3~40%taxes for crypto at Jul~Aug.
But today, the government said we will apply 10~15%taxes for crypto like interest income tax, and it is very acceptable to all Korean investors.
Also they said we feel hard to say it will happen within this year and although will happen this year, there will be 1~2years stay period.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&oid=023&aid=0003382087&sid1=001&lfrom=kakao

In conclusion, Crypto is accepted by government's legal property, SO MANY KOREAN INVESTORS WILL GET INTO MARKET AGAIN!


On the off chance that you are correct then it shows that South Korean government has understood that they can't prevent individuals from utilizing digital currency and individuals will dependably discover a method for utilizing crypto. I don't have any issue for the laws that are put by the legislature as it will enable its subjects to uninhibitedly hold and utilize crypto currency.That is a decent and helpful news money