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Korea’s cryptocurrency tax delay would push the levy to 2029 for a fourth time

Korea’s cryptocurrency tax delay would push the levy to 2029 for a fourth time

Photo: The Cryptonomist

South Korea’s cryptocurrency tax delay would push the levy back another two years, from January 2027 to 2029 , marking its fourth postponement. The government outlined the plan on November 5, 2026, citing unfinished tax preparations and gaps in overseas transaction data, while analysts pointed to eroding support among young adults as the decisive factor. Key takeaways The postponement requires National Assembly approval. The planned levy remains 22% on annual gains above 2.5 million won. Tax information exchanges with the United States are expected to begin in 2029.

Source: The Cryptonomist

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