South Korean families have increased reported cryptocurrency gifts to minors by 2.7 times in a year, with transfers to children aged 18 or younger reaching 4.03 billion won ($2.8 million) in 2025.
Summary
- Crypto gifts to South Korean minors rose 2.7 times to 4.03 billion won in 2025, while the number of reported gifts nearly doubled to 103.
- Transfers to children aged 11 or younger tripled in value to 2.35 billion won, with reported cases rising from 28 to 65.
- South Korea will expand inheritance and gift tax inquiries to crypto service providers including Upbit and Bithumb from January 2027.
- Annual crypto gains above 2.5 million won are set to face a combined 22% tax rate…
