Regulation· ★★★· bearish·

South Korea weighs education tax on crypto exchanges

  • —Financial firms pay 0.5% on revenue up to 1 trillion won and 1% above that
  • —Dunamu posted 1.52 trillion won in 2025 revenue; estimated tax of 10.2 billion won
  • —Bithumb's revenue was 651.3 billion won; estimated tax of 3.2 billion won
  • —Exchanges are currently classed as IT businesses and exempt from the tax
Why it matters: The levy would cut into profits at Korea's largest exchanges and set a precedent for treating crypto firms as financial institutions.
Source: crypto.news