Regulation· ★★★· neutral·

Korean lawmaker Han Dong-hoon calls for delaying crypto tax

  • —Han Dong-hoon said the delay decision must be made without further deliberation
  • —The current model does not cover cross-exchange transfers, staking and airdrops
  • —Taxing only crypto after scrapping the investment income tax is unfair, he said
  • —Forcing the tax would push taxpayers abroad and into cold wallets
Why it matters: A delay or repeal would ease pressure on Korean investors and trading volumes on local exchanges, though no decision has been made yet.
Source: Bloomingbit