South Korea
Odaily
South Korea's Top Five Crypto Exchanges Push for Fourth Delay of 22% Crypto Tax, Ruling Party Proposes Postponement to 2029
- South Korea's top five crypto exchanges are jointly pushing to delay the planned 22% crypto capital gains tax for a fourth time.
- The ruling Democratic Party is proposing to postpone the tax's implementation to 2029.
- The tax has faced repeated delays due to industry pushback and concerns over readiness of taxation infrastructure for virtual asset trading.