South Korea to meet crypto exchanges over proposed tax delay
- —The 22% tax on crypto transactions and lending was set to start in January
- —Amounts below 2.5 million won are exempt
- —The tax has been delayed three times over staking and DeFi issues
- —A bill proposing a postponement to 2029 has been introduced
Why it matters: The outcome will shape the tax burden on Korean traders and could support crypto demand in the near term.
Source: Crypto Briefing