South Korean investors have secured the 50,000 signatures needed to send a petition seeking another crypto tax delay to the National Assembly for legislative review.
Summary
- 50,000 signatures have triggered National Assembly review of a petition seeking another crypto tax delay.
- South Korea currently plans to tax qualifying crypto gains at 22% from January 2027 nationwide.
- Annual digital asset gains above 2.5 million won will fall within the planned tax regime.
- Tax authorities plan detailed standards this year before income becomes taxable on January first 2027.
- The petition’s committee referral does not automatically amend the law or postpone its effective date.
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