South Korea is imposing a 24% tax now, most likely something like this will follow here as well.
I don't like this development as much as others seem to
You read a sensationalized headline. They were imposing a 24% tax on
exchanges that make a certain amount of money, in accordance with their existing tax laws. There's no reason why exchanges should be exempt from paying taxes, and they should have been paying taxes in the first place. I assume it will be the same for individual traders -- they'll be paying the corresponding tax as per their tax laws depending on their profit.
That's just how it is, and I'll take that over a ban on trading.