StormFX

BREAKING: 🇰🇷 Korean lawmakers are pushing to tax unrealized gains. This is currently focused on high-net-worth individuals or specific financial assets.

🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS. And this is one of the major reasons behind today's massive selloff in the Korean market, now being called BLACK TUESDAY in Korea. At a forum hosted by South Korea's ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold. The ruling party has pushed escalating wealth tax measures throughout 2026, including a February forum proposing to lower the real estate capital gains exemption threshold from 1.2 billion won to 800 million won, and an April push to abolish the long term holding tax deduction entirely. Today is the first time this campaign has explicitly extended to taxing unrealized stock gains. Under current law, investors are taxed only when they sell a stock and realize a profit. Under this proposal, investors could owe tax on paper gains they have not sold or collected, simply for holding a stock that went up in value. The Netherlands tried almost this exact policy four months ago. On February 12, 2026, Dutch lawmakers passed a law taxing unrealized gains on stocks, bonds, and crypto at a flat 36% every year, whether or not anything was sold. The backlash was immediate. A petition against it gathered more than 61,000 signatures, and Shopify CEO Tobi Lutke called it "the dumbest thing any government on planet earth is pursuing right now." Just 13 days after the bill passed, the Dutch finance minister announced the government would scrap the unrealized gains portion entirely, admitting the law "cannot pass as is." This lands directly on a South Korean market that just ran up nearly 95% over the past year, built largely on heavy retail buying with borrowed money. A tax on gains that exist only on paper is a direct threat to the exact rally that created that exposure in the first place.

JUST IN: Korean lawmakers reportedly discussing taxes on unrealized gains

🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS. And this is one of the major reasons behind today's massive selloff in the Korean market, now being called BLACK TUESDAY in Korea. At a forum hosted by South Korea's ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold. The ruling party has pushed escalating wealth tax measures throughout 2026, including a February forum proposing to lower the real estate capital gains exemption threshold from 1.2 billion won to 800 million won, and an April push to abolish the long term holding tax deduction entirely. Today is the first time this campaign has explicitly extended to taxing unrealized stock gains. Under current law, investors are taxed only when they sell a stock and realize a profit. Under this proposal, investors could owe tax on paper gains they have not sold or collected, simply for holding a stock that went up in value. The Netherlands tried almost this exact policy four months ago. On February 12, 2026, Dutch lawmakers passed a law taxing unrealized gains on stocks, bonds, and crypto at a flat 36% every year, whether or not anything was sold. The backlash was immediate. A petition against it gathered more than 61,000 signatures, and Shopify CEO Tobi Lutke called it "the dumbest thing any government on planet earth is pursuing right now." Just 13 days after the bill passed, the Dutch finance minister announced the government would scrap the unrealized gains portion entirely, admitting the law "cannot pass as is." This lands directly on a South Korean market that just ran up nearly 95% over the past year, built largely on heavy retail buying with borrowed money. A tax on gains that exist only on paper is a direct threat to the exact rally that created that exposure in the first place.

🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS. And this is one of the major reasons behind today's massive selloff in the Korean market, now being called BLACK TUESDAY in Korea. At a forum hosted by South Korea's ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold. The ruling party has pushed escalating wealth tax measures throughout 2026, including a February forum proposing to lower the real estate capital gains exemption threshold from 1.2 billion won to 800 million won, and an April push to abolish the long term holding tax deduction entirely. Today is the first time this campaign has explicitly extended to taxing unrealized stock gains. Under current law, investors are taxed only when they sell a stock and realize a profit. Under this proposal, investors could owe tax on paper gains they have not sold or collected, simply for holding a stock that went up in value. The Netherlands tried almost this exact policy four months ago. On February 12, 2026, Dutch lawmakers passed a law taxing unrealized gains on stocks, bonds, and crypto at a flat 36% every year, whether or not anything was sold. The backlash was immediate. A petition against it gathered more than 61,000 signatures, and Shopify CEO Tobi Lutke called it "the dumbest thing any government on planet earth is pursuing right now." Just 13 days after the bill passed, the Dutch finance minister announced the government would scrap the unrealized gains portion entirely, admitting the law "cannot pass as is." This lands directly on a South Korean market that just ran up nearly 95% over the past year, built largely on heavy retail buying with borrowed money. A tax on gains that exist only on paper is a direct threat to the exact rally that created that exposure in the first place.

🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows on June 22, while BTC and ETH spot ETFs saw net outflows. BTC: -$68.18M ETH: -$66.04M XRP: $5.31M

🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows on June 22, while BTC and ETH spot ETFs saw net outflows. BTC: -$68.18M ETH: -$66.04M XRP: $5.31M

🚨𝗝𝗨𝗦𝗧 𝗜𝗡: 🇺🇸XRP spot ETF clients bought $5.31M worth of $XRP on June 22. Bringing total ETF-held net assets to $993.29 million.

🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows on June 22, while BTC and ETH spot ETFs saw net outflows. BTC: -$68.18M ETH: -$66.04M XRP: $5.31M

🇺🇸 ETF MONEY FLOW UPDATE - JUNE 22 🟢 Inflows • $XRP: +$5.31M 🔴 Outflows • $BTC: -$68.18M • $ETH: -$66.04M Another day of positive flows for $XRP ETFs while $BTC and $ETH continue to bleed capital. 📈

ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (18-06-2026) YESTERDAY 🟥 Bitcoin ETFs: -1,440 $BTC (-$90.66M) 🟥 Ethereum ETFs: -7,550 $ETH (-$12.77M) 🟩 SOLANA ETFs: +43.41K $SOL (+$2.99M) 🟩 XRP ETFs: +2.24M $XRP (+$2.55M) 🟩 LITECOIN ETFs: +7,320 $LTC (+$317.14K) 🟩 $HYPE, $DOGE, $BNB, $LINK, $AVAX, $DOT, $HBAR Flows Was Zero. TOTAL US SPOT CRYPTO ETFs OUTFLOW: ≈ -$97.57M U.S. BITCOIN ETFs SOLD ~1,440 BTC Worth $90.66M 🇺🇸 BlackRock ETF Has SOLD ~1,540 BTC for $96.66M And 7,550 ETH for $12.77M 🇺🇸 VanEck ETF Has SOLD 71 BTC for $4.44M 🇺🇸 Morgan Stanley ETF Has BOUGHT 166 BTC for $10.43M Fact: U.S. Spot Bitcoin ETFs SOLD Nearly 3 Days Mined BITCOIN Supply Yesterday.

If you won $1,000,000 right now, what's the first thing you'd do?