The petition requesting the South Korean government to postpone taxation on cryptocurrency gains has gained over 10,000 signatures so far.
A South Korean citizen has posted a petition on the official website of the National Assembly, the country’s legislative body, requesting the South Korean government to postpone taxation on cryptocurrency gains.
“There is concern of a large-scale exodus of crypto investors to overseas exchanges if the country starts taxing investors when it is not fully prepared,” the petition said. “Please postpone it for two years and thoroughly review the expected problems, and discuss taxation later.”
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