South Korea
Block Media
"Give Us a Two-Year Delay on Crypto Taxation" — Investors Take to the Streets
- Digital asset taxation in South Korea is slated to begin January 1, 2027, under current plans.
- Protesters say they support paying taxes but lack a practical system to file and pay them, prompting street demonstrations.
- The tax would apply to annual crypto transfer and lending income above 2.5 million won (KRW).