I don't live in Korea, but I find this interesting nonetheless.
The disgruntled citizens have a good point with this:
Not sure what the rationale is behind hitting crypto owners harder than people investing in the stock market, but then again a lot of decisions made by government committees don't make a hell of a lot of sense anyway.
The disgruntled citizens have a good point with this:
Not sure what the rationale is behind hitting crypto owners harder than people investing in the stock market, but then again a lot of decisions made by government committees don't make a hell of a lot of sense anyway.
What I understand is that the government determined that the minimum threshold is proportionally the same. If they matched the thresholds, then they wouldn't get anything from crypto traders. If they made the crypto threshold 16k, then the stocks threshold would have to be around $128k. Bear in mind the gov have raided exchanges in korea so many times I'm sure they scooped up second and third cooked books to determine real transaction values.