Crypto 2024 Recap: Key Updates from MEXC’s December Highlights
This report covers the key trends and significant events in the crypto market for December 2024. By sharing these updates, we aim to provide the MEXC community with the latest industry insights, helping everyone better understand market movements and growth opportunities.
Key Trends of the Month
1. South Korea Postpones Crypto Tax Until 2027
On December 1, 2024, Park Chan-dae, leader of the Democratic Party of South Korea’s parliamentary faction, announced a delay in the 20% crypto capital gains tax until 2027. This marks the third postponement of the tax, reflecting ongoing uncertainty in South Korea’s regulatory stance on cryptocurrencies amid strong opposition from both investors and the crypto industry.
The delay may provide…
