The cryptocurrency market will eventually welcome regulation!

South Korea plans to implement a 20% crypto tax starting in early 2025, raising the tax exemption threshold to nearly $36,000.

Against the backdrop of fiscal tightening, those trading US stocks have received text messages from the tax bureau requiring the declaration of foreign income; how far can those trading cryptocurrencies be from this?

Some friends in the industry have reported that tax collection on cryptocurrency trading is also being researched, but to be honest, paying back taxes is better than having your card frozen.