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Good news for the crypto enthusiasts in South Korea! The Government plans to introduce taxes on cryptocurrencies soon, thus legitimizing every cryptocurrency transaction. Read on to know more!

Full article : http://coinfrenzy.io/crypto-tax-south-korea/
For more trending articles : http://coinfrenzy.io/

That's such an amazing news! I hope other countries who haven't legalized it also do the same.
Good article.

Waw good news for people in south korea who join in cryptocurrency, if cryptocurrency was get new crypto tax framework outomaticlly user cryptocurrency in south korea was legal, and getting people to join crypto is comfortable in doing transactions related to cryptocurrency.

At some point we ought to pay our tax. So, I don’t mind little taxation while I know taxation means legalizations too. It’s a Good news I think.

That will be awesome as after taxation the cryptos will officially be considered as legal tenders, i hopeother asian countries like india and pakistan also learn and implement this system as cryptos will become inevitable for everyone in coming months and banning or calling them illegal just because they do not know the technology and uses of cryptos is not wise.

If governments from all over the come with some kind of regulations like this then crypto market will definately flourish and can give strict competition to the traditional financial markets. This is better than long term capital gains tax system available in some countries.

I believe there will be more and more national support in the future, because eventually it will be found that it will not prevent the development of the password world.

The crypto and the world is really amazing, there was one time when we struck with the news that Koreans are going to fire the crypto currencies out their nation and the same government today is going to legalise the crypto currency in their country. What a surprising news after long time. I am wishing why people there are not making any big purchases now if the government has already made it legal one. I mean it could really help push the market. When the bad news was struck then they dumped everything like hell and killed the BTC market in blink of an eye. Anyway thats kind of good shot to get crypto back on track after seeing the huge volume that is always made in the Korea.