Regulation· ★★★★· neutral·

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