
South Korea's tax agency to finalize crypto tax rules by end of October
- —Tax agency confirmed detailed crypto tax rules will be set by end of October
- —Lawmakers cited no clear rules for staking, airdrops, hard forks and liquidity provision
- —Industry needs 6–9 months to build reporting systems before the January 1 start
- —Deputy chief admitted full data on DEX and overseas trades is physically impossible
Why it matters: The rules will determine how Korean traders' gains are taxed from January, with a delay to the levy still on the table.
Source: Blockmedia