South Korean lawmaker Han Dong hoon has called for the country’s cryptocurrency tax to be delayed again before its Jan. 1, 2027 start, arguing that authorities still lack enough overseas trading data to enforce the levy consistently.
Summary
- Han Dong hoon called for another delay to South Korea’s crypto tax, arguing that overseas trading and private wallet activity remain difficult to track.
- The 22% tax is scheduled to take effect on Jan. 1, 2027, with an annual basic deduction of 2.5 million won.
- Han questioned whether CARF can provide enough overseas trading data, while South Korean authorities are preparing wallet tracing tools ahead of implementation.
- A petition…
