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KOREA TIMES · 2026-11-05 07:17 UTC

[COVER STORY] Why does Korea keep delaying its crypto tax?

South Korea's Finance Minister announced a fourth postponement of cryptocurrency income taxation, now delayed to 2029, citing need for overseas transaction data and clearer rules. The tax would apply 22% on annual net profits above 2.5 million won; a public-private working group will develop reform proposals by mid-2027. 73.7% of surveyed Korean crypto investors oppose implementation under current rules; critics say repeated delays damage policy credibility.

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