🚨 JUST IN: 🇰🇷 South Korea is reportedly considering scrapping its planned 22% crypto tax as political pressure and investor opposition continue growing. 👀₿
The proposed tax has faced strong criticism over: ⚠️ Fairness compared to stock investors
⚠️ Capital outflow concerns
⚠️ Innovation and competitiveness risks
⚠️ Regulatory uncertainty for digital assets
Lawmakers and public petitions are increasingly pushing for the tax to be abolished before its planned rollout.
Markets are closely watching the debate because South Korea remains one of the world’s most active crypto trading markets, and any major policy shift could impact broader global crypto sentiment. 🔥
At this stage, no final repeal has been officially confirmed.
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