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13 May 2021

Survey shows South Koreans support crypto tax law

Survey shows South Koreans support crypto tax law


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According to a report by The Korea Herald, 53.7% of the 500 participants polled by South Korea survey firm Realmeter expressed support for the crypto tax law coming into effect in January 2022.

However, respondents in their 20s — the most active crypto trading age demographic in South Korea — were most likely to oppose the cryptocurrency tax law.

However, several cryptocurrency stakeholders in South Korea are against the imposition of taxes on virtual currencies.

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