🇰🇷 South Korea’s Crypto Tax Debate Heads to Parliament

A public petition to abolish South Korea’s planned crypto tax has officially surpassed the 50,000-signature threshold, gathering 58,571 endorsements and securing parliamentary review.

📌 Current proposal:

• 22% tax on annual crypto gains above 2.5M KRW

• Scheduled to take effect on Jan 1, 2027

While committee review does not guarantee changes, the growing public response highlights increasing pressure on policymakers as crypto adoption continues to expand.

👀 A key development to watch for the global digital asset industry.

#Crypto #SouthKorea #Bitcoin #Blockchain #Regulation $BTC