South Korea's 22% crypto tax is getting pushed back again, reportedly for the 4th time.
What's reported (Oct 25):
• The presidential office is moving to delay the tax set to start Jan 1, 2027
• Rule: 22% combined rate on yearly crypto transfer/lending gains above a 2.5M won deduction
• First passed in 2020, already delayed 3 times (2022 → 2023 → 2025 → 2027)
• 2029 is the date under discussion, tied to the US joining the OECD's CARF crypto reporting framework that year
• Not final yet: the law still needs amending, expected in the November tax review
Why it matters: one of the most active retail crypto markets avoids a new tax hit for now, and the CARF link shows tax timing is becoming a global coordination issue, not just a local one.
Market check (Binance spot, 15:20 KST): $BTC 80,672 (-0.1%, 24h low 79,221) | $ETH 2,353 (-1.1%, low 2,282).
Bull case: less tax overhang keeps retail activity and liquidity healthy into 2027.
Bear case: it's a local policy delay, not new demand. Macro (Fed Oct 27-28, oil) still drives price, and the bill could change in review.
Should crypto taxes wait until global reporting rules are in place?
Source: https://en.sedaily.com/politics/2026/10/25/presidential-office-decides-to-delay-crypto-tax-again
Not financial advice. DYOR.
#WriteToEarn
What's reported (Oct 25):
• The presidential office is moving to delay the tax set to start Jan 1, 2027
• Rule: 22% combined rate on yearly crypto transfer/lending gains above a 2.5M won deduction
• First passed in 2020, already delayed 3 times (2022 → 2023 → 2025 → 2027)
• 2029 is the date under discussion, tied to the US joining the OECD's CARF crypto reporting framework that year
• Not final yet: the law still needs amending, expected in the November tax review
Why it matters: one of the most active retail crypto markets avoids a new tax hit for now, and the CARF link shows tax timing is becoming a global coordination issue, not just a local one.
Market check (Binance spot, 15:20 KST): $BTC 80,672 (-0.1%, 24h low 79,221) | $ETH 2,353 (-1.1%, low 2,282).
Bull case: less tax overhang keeps retail activity and liquidity healthy into 2027.
Bear case: it's a local policy delay, not new demand. Macro (Fed Oct 27-28, oil) still drives price, and the bill could change in review.
Should crypto taxes wait until global reporting rules are in place?
Source: https://en.sedaily.com/politics/2026/10/25/presidential-office-decides-to-delay-crypto-tax-again
Not financial advice. DYOR.
#WriteToEarn