Korea's KIPF flags crypto tax fairness issues as industry pushes for delay
- —KIPF: Korea's 2.5 million won deduction exceeds Britain's 5.3 million and Germany's 4.13 million
- —KIPF proposes loss carryforward and warns of gaps from staggered CARF adoption
- —Tiger Research: 69.7% of 2,423 investors would cut or stop crypto investing under the tax
- —Volumes at Upbit, Bithumb and Coinone seen falling from 860 trillion to 602 trillion won
Why it matters: Without amendments, the 2026 tax could push capital to offshore exchanges and self-custody, weakening both tax collection and market oversight.
Source: Bloomingbit
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