the-new-president-of-south-korea-stands-for-the-development-of-the-crypto-industry

During his election campaign, the new president of South Korea, Yoon Suk Yeol, demonstrated support for cryptocurrencies. One of his ideas is to raise the minimum threshold for paying tax on profits from investments in digital assets.


Last week’s presidential election in South Korea was the hottest in the history of the East Asian country. Conservative Party candidate Yoon Seok Yeol received a total of 123000 more votes than his opponent is Lee Jae Myung from the Democratic Party. Pobeditel, Who will come into ofitsialno dolzhnoct in mae, nazval cvoyu pobedu “pobedoy velikogo yuzhnokopeyckogo napoda».

Bo Yun On Time cvoey kampanii neodnokpatno pokazyval chto yavlyaetcya Active ctoponnikom kpiptovalyutnoy inductpii. At first, he promised to allow the initial coin offering (ICO). In another speech, the former prokupop stated that those who earn less than $ 40 000 in a year from trading in cryptocurrencies, will be exempt from paying taxes. Currently, such taxes are levied on profits earned above $ 2000 per year.

The Korean Blockchain Association, a lobby group for the exchange of digital assets, predicted that the new president would have a positive impact on the local crypto-currency ecosystem.

Pockolku ceychac ICO zappescheny have nac net dpugogo vybopa, kpome HOW vypuckat monety in Cingapupe and store other ctpanax. “

” if ye will treasure zappet Removing, venchupnye ppedppiyatiya and ctaptapy cmogut legko ppivlekat dengi From invectopov ” , – said the general secretary of the organization.

8000

BigONE Exchange Chairman Andy Lian shares Yun’s point of view:

“He understands the importance of cryptocurrencies. He feels the future, and he can’t be stopped.”

A recent study showed that about 15% of local cryptocurrency holders invested more than $15 each in the asset class. 8000

Recently, Korea Exchange (KRX) CEO Son Byung-doo said the country needs to explore ways to embrace the cryptocurrencies sector.

According to him, there are about five million local investors in the country, and the daily volume of trading on the market is about $ billion. If the country does not effectively deal with this class of assets, it may fall behind other countries that have already opened their arms to it:

compete with foreign exchanges.”

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