South Korea to meet crypto exchanges amid calls for tax delay
Summary
South Korean finance and financial regulators are reportedly scheduled to meet major crypto exchanges and industry representatives to discuss the planned cryptocurrency tax. The tax has already been delayed three times and is currently set for 2027, amid political disagreement and concerns that transaction rules and exchange infrastructure are not ready. An exchange official said standards remain incomplete and supported another postponement. A lawmaker has proposed delaying taxation until the second year after South Korea begins exchanging data under the OECD’s Crypto-Asset Reporting Framework; with data sharing expected to start in 2027, the proposal would move the tax start to 2029.
