#SouthKoreaCryptoPolicy SouthKoreaCryptoPolicy South Korea Shakes the Crypto World! Ready for Chaos or Glory in 2025?
South Korea, home of the "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 $BTC, $ETH, and even the new star $WCT. If you know nothing about crypto, don't worry, I'll explain it easily: Seoul is gearing up for a revolution that could make (or lose) you money. What's coming in 2025? Grab your coffee and read!
Crypto Taxes: Your Pocket Will Feel It (2028)
What’s happening: Starting January 2028, if you earn more than ₩50M (~$36K) with your cryptos, the government will charge you a 20% tax (plus a 2% local tax).
In simple terms: If you sell $BTC or $ETH and make a good amount of money, be prepared to share with the tax authorities. But if your earnings are small, you’re exempt.