South Korea is approaching another decision point on its long-delayed cryptocurrency gains tax, with exchanges and policymakers preparing to discuss whether the January 2027 start date is realistic.

TL;DR: The country’s planned crypto tax has already been deferred three times. A new proposal would push implementation toward 2029, but no additional delay has been enacted.

Finance officials are expected to meet representatives of major domestic exchanges on October 20. The industry is arguing that the systems needed to handle different transaction types and calculate cost bases are still incomplete. A rushed launch, exchanges say, risks creating inconsistent tax treatment or driving activity to offshore platforms.

South Korea’s planned…