South Korea Faces Fresh Push To Delay Crypto Gains Tax Until 2029
Summary
South Korea’s planned 22% crypto gains tax is still scheduled to begin in January 2027, after three previous postponements. Finance officials are expected to meet major domestic exchanges on October 20 as the industry argues that transaction reporting and cost-basis systems are not ready. A lawmaker has proposed tying implementation to OECD cross-border crypto-data sharing, which could push the start to 2029. That change requires legislation, so the meeting itself will not alter the current deadline. Any further delay remains uncertain and would extend policy uncertainty for investors and exchanges.
