South Korea crypto tax delay petition passes 50,000 signatures
- —The petition gathered 50,764 signatures against a threshold of 50,000
- —The document was referred to a standing committee of the National Assembly
- —The government wants to introduce the tax from January 2027
- —The ruling party opposes it due to imperfect infrastructure
Why it matters: The decision will determine the tax burden on Korean crypto investors and exchanges in one of Asia's largest markets.
Source: PANews
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