Taxing Crypto Trading Gains ‘Inevitable,’ Says South Korea Finance Minister: Report
Crypto traders’ gains will be subject to 20% tax on profits over 2.5 million won (~$2,250) from January 2022.
Credit card holders will be able access offers using DoorDash, HelloFresh, Lyft and ShopRunner.
The marketplace will run on the Binance Smart Chain “mainly,” with the Ethereum network also supported.
Bitcoin rallied roughly 16% from oversold levels. Resistance is now around $56K which could trigger profit taking.