Regulation· ★★★· neutral·

South Korea crypto tax delay petition passes 50,000 signatures

  • The petition gathered 50,764 signatures against a threshold of 50,000
  • The document was referred to a standing committee of the National Assembly
  • The government wants to introduce the tax from January 2027
  • The ruling party opposes it due to imperfect infrastructure
Why it matters: The decision will determine the tax burden on Korean crypto investors and exchanges in one of Asia's largest markets.
Source: PANews