South Korea2026.10.14Block Media

Crypto Tax Controversy: 'Red Flags' From the Start in Securing Transaction Data, Doubts Grow Over November Pilot

• Digital asset taxation in South Korea is scheduled to take effect in January next year.
• Domestic exchanges vary significantly in their system readiness and in the standards used to calculate taxable transaction data, ranging from initial setup to outright postponement.
• Transaction data from overseas exchanges and individual crypto wallets remains difficult to capture, raising doubts about the effectiveness of the planned November pilot operation.