🚨 Asia Crypto Shockwaves 🚨
🇰🇷 50,000+ crypto investors are fighting back against South Korea’s upcoming 22% crypto tax!
A petition has exploded past the 50,000-signature threshold, forcing parliament to review and potentially scrap the tax on gains (set for 2027). Young investors are furious — will this be a huge win for crypto in one of Asia’s biggest markets? 🔥
In other wild news:
A South Korean funeral service company (“Parent’s Love”) just lost $33M on a leveraged BitMine ETF bet using customer prepaid funds. 😱
Leverage + crypto = dangerous mix, even for traditional businesses.
What do you think?
• Is South Korea about to back off the tax
• Or is this just the start of more regulation?
Drop your thoughts below 👇
#CryptoNews #SouthKorea #bitcoin #Asia
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