South Korean Lawmaker Calls For Scrapping Virtual Asset Tax, Warns Of Capital Flight - Bitcoin World
South Korean Lawmaker Calls For Scrapping Virtual Asset Tax, Warns Of Capital Flight - Bitcoin World
Source: Bitcoin World
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DW NOTE
South Korea has been threatening to tax crypto gains for years, only to delay indefinitely each time the deadline approaches. The pattern says more about Seoul's actual intent than any legislator's warning: this is a tax they want to hold over the market, not collect from it.