Post
Topic
Board Bitcoin Discussion
Re: South Korea discuss the possibility to give crypto a legal status
by
WatchMaker
on 06/11/2019, 18:31:15 UTC
Currently, crypto is NOT taxed in korea. If they do this, it most likely WILL be taxed in korea.

Please everyone, for the sake of me, let’s all sign a petition to stop the Korean government from doing this to ME and everyone like me. This will not raise trading volumes on korean exchanges and will only hurt those invested in crypto in korea.

Damn you Korean government! Damn you all to hell....!    Source: http://www.thebchain.co.kr/news/articleView.html?idxno=5981

First off, who told you the South Korean government will tax cryptocurrency traders? Did the South Korean government outline paying taxes for cryptocurrency investors or what? As per as I know, the South Korean government is very impressed with cryptocurrency, they like cryptocurrency and also South Korea is one of the best cryptocurrency safe haven on the planet just like Japan.