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South Korea Meets Top Crypto Exchanges as Ruling-Party Bill Seeks to Push 22% Tax to 2029

South Korea Meets Top Crypto Exchanges as Ruling-Party Bill Seeks to Push 22% Tax to 2029

South Korea’s Ministry of Economy and Finance was scheduled to hold a closed-door meeting in Seoul on Tuesday morning with the country’s five won-based crypto exchanges, as lawmakers from both major parties push to delay a tax on crypto gains due to take effect on January 1, 2027. First Vice Minister Kwon Dae-young was set to chair the session, with the Financial Services Commission, exchange industry body DAXA and outside experts also attending, Edaily reported. The exchanges are Upbit operator Dunamu, Bithumb, Coinone, Korbit and Gopax.

A ministry official told Edaily the meeting would check whether the National Tax Service and the exchanges are ready, and that the ministry had no predetermined position. No readout had been…

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