Regulation· ★★★· bullish·

Ruling party lawmaker Park Min-kyu: crypto tax launch next year is premature

  • Park Min-kyu called the planned crypto tax timeline premature
  • He warned that pushing the tax through would cause market confusion
  • South Korea has already seen proposals to delay the crypto tax by three years to 2030
Why it matters: A delay would ease pressure on Korean investors and trading volumes on local exchanges.
Source: Bloomingbit