25.10.2026 07:27
South Korean authorities are reportedly weighing a postponement of the planned 22 percent levy on cryptocurrency profits, pushing the implementation date back to 2029. According to recent coverage, policymakers in Seoul are examining whether the current timeline remains viable given the complexities of the digital-asset market.
The potential delay stems from two primary obstacles: insufficient data on foreign crypto trading activity and apprehension about the burden such a tax would place on local investors. By extending the start date, legislators hope to close information gaps and design a framework that avoids unfairly penalizing domestic participants in the global crypto economy.
