#SouthKoreaCryptoPolicy South Korea is preparing for a key change in the crypto world: starting in 2028, profits exceeding ₩50 million (~$36,000) will be subject to a 22% tax. In a country where over 16 million people invest in cryptocurrencies, this measure will mark a turning point. Many traders may start to operate more cautiously or even reduce their activity to avoid falling into the tax bracket. This could cool the local market, decrease volume on Korean exchanges, and reduce the famous 'Kimchi Premium,' the price difference that sometimes made BTC more expensive in Korea. However, it could also bring more stability and transparency to the ecosystem. While the measure aims to regulate and collect, it also forces investors to operate with greater planning. The final effect on the global price will depend on how the market reacts to this new fiscal era.
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