South Korea's ruling party weighs fourth delay of crypto tax
- —Meeting with heads of five exchanges set for Oct. 30 at 10:00
- —22% tax after 2.5 million won deduction delayed three times to 2027
- —Options include a 2028 start or tying it to the Digital Asset Basic Act
- —Final decision expected at a party-government meeting in November
Why it matters: A delay would postpone the tax burden on Korean traders and give exchanges more time to upgrade reporting systems.
Source: Bloomingbit