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Crypto Regulation

South Korea Seeks Fourth Delay to 22% Crypto Tax, Eyes 2029 Start

South Korea is seeking a fourth delay to its 22% crypto tax, with a proposed start date of 2029. The move comes months after the government reaffirmed plans to begin taxing digital asset gains in January 2027. The 22% levy would apply to crypto gains.

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AI take

A fourth postponement would mark a notable erosion of credibility around South Korea's crypto tax timeline, given the government reaffirmed a 2027 start only months ago. The repeated deferrals signal that political and administrative friction still outweighs the fiscal case for taxing digital asset gains, leaving Korean holders in a prolonged state of policy uncertainty. Whether this latest proposal holds, or becomes a fifth delay, is the open question worth tracking.

Generated by AI for reference only.

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