Korea’s crypto community warns 20% tax on gains could devastate market

2024-7-12 14:38

South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying…

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crypto gains tax community korea south market

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crypto gains → Результатов: 126


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Best Crypto Presales to Invest in This Month For Explosive Gains: 100x ROI Guaranteed (Invest $10 to get $1000 upon listing!)

Crypto investors are always on the lookout for new projects that can drive exceptional gains to their portfolios. However, with so many presales currently underway in the market, how do you know which project can deliver the desired returns? One wrong investment choice can turn your crypto portfolio upside down.

2024-9-24 14:59


Spiking 50% Crypto Gains Will Fuel Bitcoin Price Surge

Throughout March, a handful of crypto assets and tokens have consistently outperformed Bitcoin, recording gains in the 50 percent to 100 percent range against the U. S. dollar. Due to the reported partnership between Samsung and Enjin, for instance, Enjin Coin and other cryptocurrencies related to the project such as Kyber Network and Bancor demonstrated a significant increase in value.

2019-3-11 11:23


This week in Crypto: Facebook set to Launch its Cryptocurrency, Warren Buffett Calls Bitcoin A Delusion With No Unique Value, Tron stands above Ethereum in Chinese ranking, XRP listed on Coinbase and more

The week was a typical crypto week with many ups and downs in the market and off the market. It is probably the bumpiest market week in which the short gains experienced was shed significantly bringing prices down to where they used to be.

2019-3-3 08:35


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology.

2019-3-1 19:43


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South Korea mulls delaying 20% crypto tax amid local pressure

South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…

IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.