South Korea2026.11.05Odaily

With Taxation Information in Place, South Korea Says It Can Tax Investors Using US Exchanges After 2029

• South Korean authorities say they will have the necessary taxation information infrastructure to tax investors using US cryptocurrency exchanges after 2029.
• The move relies on international frameworks for sharing crypto transaction and account information between tax authorities across borders.
• The plan targets a current gap where South Korean investors trading on US exchanges have been able to avoid local tax reporting on crypto gains.