
South Korean lawmaker moves to delay crypto tax to 2029
- —Amendment delays the crypto tax start from 2027 to 2029
- —Planned rate is 22% on annual gains above 2.5 million won
- —168.9 trillion won left Korean exchanges for overseas venues and wallets in 2025
- —The tax has already been postponed three times: 2022, 2023 and 2025
Why it matters: The decision will shape the tax burden on Korean investors and the pace of institutional adoption in one of Asia's largest crypto markets.
Source: TokenPost