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Breaking: South Korean Ruling Party Considers 3-Year Grace on Crypto Taxes

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Summary
Nutrition label

71% Informative

South Korean government considering postponing implementation of crypto tax for an additional three years .

Instead of January 2025 , the Korean government won’t tax crypto capital gains further until January 2028 .

With the falling Bitcoin price and strong correction in the broader crypto market, there’s growing dissatisfaction on issues related to crypto taxes currently in South Korea .

VR Score

55

Informative language

45

Neutral language

67

Article tone

formal

Language

English

Language complexity

70

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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