May 02 2021

South Korea Announces Testing of CBDC Right After Imposing a New Tax Framework; Is It a Coincidence?

in blog CoinIdol
original entrySouth Korea Announces Testing of CBDC Right After Imposing a New Tax Framework; Is It a Coincidence?

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Recently, the South Korean Finance Ministry announced imposing a 20% tax on cryptocurrency earnings. Curiously enough, the decision comes a couple of days before the announcement concerning the testing of the digital won. Is this a way to push people away from cryptos?

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