Regulation· ★★★· neutral· September 18, 13:35

South Korea parliamentary budget office: crypto tax needs accounting system first

—The tax on digital asset income in Korea takes effect in 2027
—DeFi transactions and cold wallets are named a blind spot for tax authorities
—Korea will exchange CARF data with 46 jurisdictions from 2027, the U.S. from 2029
—There are no clear rules for taxing staking, lending, hard forks and airdrops

Why it matters: The lack of accounting infrastructure could delay or complicate the launch of the tax, directly affecting Korean investors and exchanges.

Source: Blockmedia