#SouthKoreaCryptoPolicy South Korea Shakes the Crypto World! Ready for Chaos or Glory in 2025?

South Korea, the birthplace of "Kimchi Premium" and where one in three people already plays with cryptocurrencies, is turning the world upside down with new rules that will change how we use $ETH and the new star $WCT. If you know nothing about crypto, no worries, I'll explain it simply: Seoul is gearing up for a revolution that could make you earn (or lose) money. What’s coming in 2025? Grab your coffee and read on!

Crypto Taxes: Your Pocket Will Feel It (2028)

What’s happening: Starting January 2028, if you earn over ₩50M (~$36K) with your cryptos, the government will charge you a 20% tax (plus a 2% local tax).

In simple terms: If you sell $ETH and make a good chunk of change, be prepared to share with the taxman. But if your earnings are small, you’re exempt.

Why it matters: Korea has 16 million crypto users (a third of the country!). This could cool down the local market, but it will also make prices more stable on Binance.

Goodbye to tax-free gains! How will the Korean tax affect $BTC?