• South Korea is considering postponing cryptocurrency taxation for a fourth time, potentially shifting implementation from January 2027 to January 2029.
• The proposed tax applies a 22% rate to qualifying annual crypto gains exceeding 2.5 million won after deductible costs.
• The proposed delay reflects concerns about overseas tax reporting, as the United States plans to begin information exchanges in 2029.

South Korea is considering delaying cryptocurrency taxation until January 2029, postponing the planned January 2027 start, according to Newsis.

The proposed delay would mark the fourth postponement of South Korea’s crypto tax framework, which has faced repeated implementation delays.

South Korea’s proposed system would impose a 22% tax,…