CROWDFUNDINSIDER · 2026-11-10 15:08 UTC

South Korea Seeks Fourth Delay to Crypto Tax Implementation Until 2029, Korea Times Reports

South Korea's government plans to postpone cryptocurrency income taxation by two years to 2029, citing gaps in overseas transaction data and the need for clearer regulations. Finance Minister Lee Hyoung-il said the government would work with the National Assembly on the delay, reversing last month's position that the tax would take effect in January. The proposed postponement would be the fourth delay since the tax was enacted in December 2020; a survey of 2,423 investors found 73.7% opposed implementation under the current rules.

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