South Korea has moved closer to another debate over delaying its planned 22% cryptocurrency income tax, with officials preparing to meet five major exchanges on October 20 after a ruling-party lawmaker introduced legislation that could push implementation toward 2029.
Summary
- South Korean officials will meet five major crypto exchanges Tuesday to discuss January’s scheduled tax rollout.
- A new bill proposes delaying cryptocurrency taxation until after international transaction data sharing begins operating.
- The current framework imposes a combined 22% tax on qualifying annual crypto income above exemptions.
- Exchanges say unresolved rules for staking, airdrops and DeFi…
