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

  • Post author:Auto News Feed
  • Post published:May 3, 2021
  • Post category:Market News
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?
Tags: Crypto Market, Digital Market, Market Analysis

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