Shareholders of Bithumb Holdings, the operator of Bithumb Korea, said on the 27th that the State Administration of Taxation of Korea has levied "a total of more than 80 billion won (including local taxes) on withholding taxes on foreign customers." The system collects taxes in advance from the payer (taxpayer) and pays them to the state. The IRS says it can withhold income tax on Bithumb's foreign users. In response, Bithumb Korea is taking a tough stance, indicating that it will take legal measures against taxation. Some analysts believe that if there is no legal basis to levy income tax on cryptocurrency income, the collection is unfair.