South Korea May Ban Planned 22% Crypto Tax After Investor Backlash Grows

The post South Korea May Ban Planned 22% Crypto Tax After Investor Backlash Grows appeared first on Coinpedia Fintech News South Korea is now reconsidering banning its planned 22% crypto tax after the country’s main opposition party officially introduced a bill to completely remove digital asset taxation before it takes effect in 2027. Under the plan, crypto investors would pay a 20% capital gains tax plus an additional 2% local tax on annual crypto profits …