South Korea delays 22% crypto tax for a fourth time
- —The crypto income tax has now been delayed four times since 2020
- —The levy is set at 22% and was due to start next January
- —The presidential office made the call; parliamentary review continues
Why it matters: The delay eases the tax burden on Korean traders and postpones pressure on trading volumes at Upbit and Bithumb.
Source: Coinotag