South Korea's cryptocurrency tax controversy continues to escalate.

A petition by citizens calling for the "abolition of virtual asset taxes" has gained over 58k signatures, reaching the threshold for submission to the National Assembly for review.
Starting from January 2027, South Korea will impose a 22% income tax on crypto gains exceeding 2.5 million won.
South Korean investors' opposition is not primarily to paying taxes itself, but to the fact that the tax exemption limit for stock investments is much higher than for cryptocurrencies, raising questions about the fairness of the tax system.
#韩国 # Cryptocurrency #Bitcoin