South Korea considers fourth crypto tax delay to 2029

Key facts

• South Korea is considering a fourth delay to its 22% tax on cryptocurrency gains.
• The tax is currently slated to begin in January 2027.
• A potential new start date of 2029 is being considered.
• The delay is linked to international data-sharing standards, particularly with the U.S.

South Korea is reportedly considering a fourth delay to its planned 22% tax on cryptocurrency gains. The tax, initially slated to begin in January 2027, could be postponed to 2029. This potential delay is reportedly tied to the nation's efforts to align with international data-sharing protocols, particularly those involving the United States. The government aims to ensure compliance with global standards before implementing the new tax regime.