South Korea's parliament clashes over crypto tax delay: ruling party seeks postponement, Democrats refuse
- —Ruling party seeks delay: no loss carryforward and only 2.5 million won basic deduction
- —Democrats: tax delayed three times already, further postponement unacceptable
- —Upbit is building its system, Bithumb has not started, Coinone awaits legislation
- —Tax agency: income from offshore perpetual futures is not taxable
Why it matters: The decision will set the tax burden for Korean crypto investors and determine whether the levy starts on Jan. 1, 2026.
Source: Blockmedia
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