Regulation· ★★★· neutral·

Han Dong-hoon calls for at least two-year delay of crypto tax

  • —Han Dong-hoon proposed delaying the crypto tax by at least two years
  • —CARF data exchange starts in 2028 for UAE, Seychelles, Hong Kong and Singapore, 2029 for the US
  • —He wants a second crypto bill and loss carry-forward rules before taxation
  • —He urged the government to decide before year-end
Why it matters: Taxing before CARF data flows begin could push capital to offshore exchanges and DeFi, eroding Korea's tax base.
Source: Bloomingbit