South Korean media outlets claim political parties in the country are targeting millennials and members of Generation Z with pro-crypto policies and private members’ bills aimed at wooing young, crypto-keen voters ahead of next year’s elections.
As previously reported, South Korea will go to the polls twice in the space of less than half a year in 2022, with presidential elections in March followed by local and regional elections in summer. The government’s hard-line stance on crypto, and its instance on introducing a 20% capital gains tax on crypto-related profits in January 2022 – despite admitted “practical difficulties” – has been met with displeasure from younger crypto-owning citizens.
Asia Kyungjae reported that Yoon Chang-hyun, the
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