South Korea Crypto Tax Petition Crosses 52,000 Signatures, Reaches National Assembly on May 21

According to The Crypto Times, a public petition demanding the cancellation of South Korea's planned cryptocurrency tax reached 52,000 signatures on May 21, officially arriving at the country's National Assembly. The petition has intensified pressure on lawmakers and financial regulators as the crypto community mobilizes against the government's proposed taxation policy. The movement reflects growing investor concerns that harsh crypto taxation could damage market innovation and reduce participation in South Korea's digital asset ecosystem.
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