South Korea crypto tax delay petition hits 50,000 signatures

• —The petition collected 50,000 signatures by September 13, reaching the threshold 7 days before the deadline
• —The request is to postpone the tax start from 2027 to 2029, with a 22% rate on income above 2.5 million won
• —The threshold grants the right to committee review but does not change the Income Tax Act
• —A separate bill has been introduced to delay the tax by three years, until 2030