Democratic Party Of South Korea To Delay Crypto Tax After Facing Investor Backlash

Q: How long will it take to read this news story?

The story "Democratic Party Of South Korea To Delay Crypto Tax After Facing Investor Backlash" has 423 words across 24 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Democratic Party Of South Korea To Delay Crypto Tax After Facing Investor Backlash" was covered 3 weeks ago by Coinpedia, a news publisher based in United States.

Q: How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news. The outlet is headquartered in United States and publishes an average of 1 news stories per day. It's most recent story was published 22 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24005194</li><li>URL: https://beamstart.com/news/democratic-party-of-south-korea-17330535674320</li></ul>

Coinpedia Logo Coinpedia 3w ago

Democratic Party Of South Korea To Delay Crypto Tax After Facing Investor Backlash - Coinpedia

Quick Summary:

The latest move pushes the tax’s implementation to 2027, marking a significant shift in the country’s stance on digital asset taxation, allowing the market additional time to adapt.

Although the policy had already been postponed twice, the DPK initially intended to implement the taxation plan by raising the tax exemption threshold to 50 million won.

South Korea remains a key player in the global crypto market.