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RE: So It Begins: South Korea To Tax Cryptocurrency Exchanges With 24.4%

in #crypto7 years ago

they did the same thing here in Colorado with Marijuana. As long as South Korea is interested in regulation and not destruction then the tax can good be a good starting point to legitimize the currency. Lets not forget that South Korea is heavily influenced by western economic power so this could be a beta test for what is to come in the US. "Hit them high and settle in the middle" works in regulations. This sucks for the average person trying to make a business out of it but that is the point of regulation. I'm not saying I'm happy about it but I could have been worse.....

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