
South Korea's finance chief signals caution on crypto tax, says consultations first
- —South Korea's crypto tax is scheduled to take effect in January 2027
- —Lee: the government is still gathering opinions before deciding
- —5 trillion won of the 62.3 trillion won surplus went to lower bond issuance
- —Remaining surplus may fund a Future Response Fund if legislation passes
Why it matters: A delay or repeal would ease pressure on Korean traders and exchanges, but no decision has been made yet.
Source: Bloomingbit
More on this
Regulation · Oct 14South Korea's new presidential chief of staff backs crypto tax
Regulation · Oct 13South Korea tax chief: tracking crypto transfers between personal wallets is not feasible
Regulation · Oct 6South Korea's finance minister says crypto tax needs broad input from parliament, experts and industry