Crypto News: South Korea to Delay Crypto Tax Law Implementation for 2 Years

Key Insights: Crypto news: South Korea delays crypto tax by two years as ruling and opposition party leaders back the revised bill. South Korea’s crypto regulation includes a proposed three-year loss carryover deduction for investors. Crypto news also covers a proposed 99% cold wallet rule and Hong Kong’s 2027 transaction reporting law. Crypto news from South Korea reports another two-year delay to the planned taxation of digital asset gains. The ruling party, opposition leaders, and the government have agreed to the move. The revised tax bill now awaits a year-end vote.

Source: The Coin Republic