The South Korean government has announced that some taxes can be applied to cryptocurrencies under the current law, which will be finalized in the first half of this year. Other taxes are also being considered but some are not easily implemented under the current tax system.
Most cryptocurrency enthusiasts know very well that prices on Coinmarketcap are biased. This is mainly because they continue to account for Korean prices for the world average. While this is normal, it also makes the markets healthier than they actually are. As a result, the platform no longer includes Korean prices for all currencies. The trading volume still counts, which is only normal.
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