South Korea's crypto tax in doubt as exchanges lag and NTS admits tracking gaps
- —Bithumb has not begun development, Coinone postponed until the law passes, Upbit is preparing
- —Korea's tax agency admits transfers between personal wallets cannot be tracked
- —US will start CARF data exchanges only in 2029, leaving a gap
- —Lawmaker warns of mass errors in non-resident withholding and corrected filings
Why it matters: The January rollout of Korea's crypto tax is at risk: unprepared exchanges and weak data sharing could force a delay.
Source: Blockmedia