Regulation· ★★★· neutral·

South Korea's finance ministry meets five exchanges on crypto tax, no decision made

  • —Meeting with five exchanges and the FSC ended without a decision on delaying or scrapping the tax
  • —The virtual asset tax was enacted in 2020, with rollout pushed from 2022 to 2023, 2025 and 2027
  • —The tax agency is drafting rules, with staking treatment still under negotiation with the ministry
  • —If rules are published next month, only about two months will remain before implementation
Why it matters: The uncertainty affects Korean traders and exchanges; a fourth delay could support volumes, while implementation would weigh on the market.
Source: PANews
More on this
Regulation · Oct 17
German Finance Ministry: no cabinet decision on scrapping crypto one-year tax exemption
 Regulation · Sep 14
South Korea's Finance Ministry confirms Bitcoin tax starting January 2027
 Regulation · Oct 9
Russia's Finance Ministry says budget loses billions in taxes without crypto infrastructure