South Korea's People Power Party seeks talks with Democrats on crypto tax delay
- —The crypto tax is scheduled to take effect in January
- —The party cites unprepared exchanges and tax infrastructure
- —Both parties have filed delay bills; review is set for November
- —Investors want at least a two-year delay and loss offsetting
Why it matters: A delay would postpone South Korea's first crypto income tax and shape the regulatory tone for local traders.
Source: Bloomingbit