Regulation· ★★★★· bearish·

South Korea to Impose Up to 22% Crypto Tax From January 2027

  • —Crypto income tax of up to 22% starts January 1, 2027
  • —Annual gains below 2.5 million won are exempt
  • —First filing due May 2028; detailed rules in November
  • —Treatment of staking, airdrops, hard forks and DeFi still undefined
Why it matters: South Korea is one of the largest crypto markets, so the tax will hit local traders and exchanges, while its DeFi and airdrop rules could set a precedent for other jurisdictions.
Source: CryptoActu
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